Totally agree with your scenario re NAB etc Vooni. On the power assets, I thought it had been announced that they were out & agreed the break fee about a month ago. Forget the amount, but does $200m sound right?
The NAB is for sure in a bad spot with this one, the one thing we (AFG) have going for us is that the last thing NAB need right now is a massive crystalised debt. They now have enormous amounts of 'skin in the game' and will be working overtime to realise on assets under their control. Obviously they can see the advantage of stabilizing the share price & as seen the past two days watching it lift.
outlook, page-3
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