why was it sold ?, page-12

Good morning kitstar.
Interesting post... so if I have this right, before you heard from oze with the bank balance, you were prepared to offer around $300m for the lot (ex bank bal) then you received the info of $200m+/- in the bank and now you're happy with $350m? I won't be giving anyone $200m cash for $50m and I'm pretty sure anyone else wouldn't either.
No, your figuring was alright until then. So now, lets say we have $550m for the lot. What are we shareholders left with? Zilch. Apart from whatever they give us as a divi. from the proceeds of the sale, we'll be left with nothing whatsoever, on what you're figuring.

In summary, it really doesn't matter what we say here, the only figures that matter are the ones we have to vote on. We either like what is proposed by the board or we don't, and we vote accordingly. It's as simple as that. My understanding is that there will be plenty of opportunity to present opinions and suggestions either in writing or verbally at or before the meeting, ie now, but it'll be too late after the vote is taken for anyone to express any displeasure with the outcome.
Just one more thing... it aint over till the fat lady (IVA) sing's. There's more to this to come imo. This'll be an exiting week or two coming up.