santa watch me fly, page-23

Interesting article in the West Aust also. Implies that management will most likely cherry pick the best assets. I imagine that they will then manage the remaining assets for shareholders and needless to say charge heavy fees. I for one would not want to hang around that long to be an investor in an overburdened dog, so I might jump out when the price is right.
It would be a shame though to lose what was a well run company to a band of pirates whose job it was in the first place to maximise value for existing shareholders .
Occam