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clock Created with Sketch. 09/05/18
18:21
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Originally posted by M0ntg0mery
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Okay Fish. Let's weigh up the facts. Appian and our greedy board of directors (with millions to gain overnight) have accepted this offer, along with 4% retail mums and dads. BR have placed their lot into IAF. Bringing a grand total of 35% potential acceptances. Ie appears at this stage approx one third believe 17c is "fair", while the majority, including the 2 G's and Kalenn's rebels, sending a clear message of DONT ACCEPT. So to answer your question - no, 25c isn't a stretch. Let's see how this pans out. OZL have signalled they definitely want 100%, would be happy with an initial 50.1%, but reality is they only have 35%. Plenty more to unfold here IMHO. PS do yourself a favour and familiarise again with Kalenn's spreadsheet, and or several independent valuations that had Avanco north of 20c without Centro approval - and we know where that's likely to end up. Cheers
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I don't need or want Kalenn's spreadsheets, I have my own data.
