Aren't you forgetting that ScotPac in all likelihood might come up with a superior binding offer as per their non-binding suggestion of 60 cents? I would think that they wouldn't be impotent in all of this? This whole scheme arrangement is only if there is nothing else on the table and in my understanding is recommended only by CML directors because it is the only official offer on the table at present. I guess the risk is that nothing will come forward from ScotPac and then it falls back to the COG offer. But wouldn't ScotPac also be as equally determined to make their offer succeed? I guess one bird in the hand is worth two in the bush hey? I think there is more to play out here yet?
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