When it is not possible to give a recommendation or there is a divergence of views amongst board members or between offeree board and the professional advisor, as to the merits of the offer or recommendation being made, then it must be stated in the offeree board circular and an explanation given, including the arguments for the recommendation to shareholders with regards to acceptance or rejection of the offer. The views of any directors who are in a minority must also be included in the offeree board circular.