tpt to takeover jka at 11.2c per share, page-65

Seems the London boys are a little more bullish on this than the Aussies are. Up to about 24c equivalent whilst TPT went up 1c to 21.5c today. Then you've got JKA at a mere 18.8c equivalent. So if anything if you were confident 90% would go through, then you'd be nuts not to buy JKA over TPT until they were at parity. A discount is probably being given as people think the 90% won't go ahead as JKA holders believe they can get more... Just look at the posts here, its pretty evident some are going to vote no. I bet they change their tune if these London bulls push the SP up on TPT making the deal look even more attractive. Hell just imagine what'd happen if Cairn hit oil, JKA holders get a chance to re-rate off the back of a zero risk event!