I find CMM's response to the letter from the Committee seriously shocking. CMM are getting more and more arrogant towards their shareholders and I frankly cannot understand how such a negative response will make things better for any party to this deal.

What CMM fail to see is that both CMM and WTG need the support from shareholders to ensure the deal goes through. Threatening concerned shareholders with possible legal measures is certainly not going to change their minds. Sure, we could pull the plug from stockigloo or give them the names they requested, but then still they'd be left with an ever increasing group of shareholders against the merger.

I am getting the feeling that CMM has no influence at all on the merger deal itself. If they did have any influence, then they would have initiated a discussion with concerned shareholders to ensure that the deal will find the support it so desperately needs. Any one of us will be happy to start a discussion with CMM management, although all our reservations have already been voiced so eloquently by the Committee in their letter.

In a situation like this, the last thing you would want as a company is to get bad press. Because bad press tends to spread like a plague. Today something may be an incident, but tomorrow the market will argue it's structural management failure.

The only thing CMM has achieved now is that more and more shareholders will become concerned - we only need to follow both companies' stocks!