certainly sigma need to have a reserve game plan if aspen don't see what they like or do not offer a price that the board considers appropriate.
apparently when PWC came in following the downgrade they went through the accounts with a fine tooth comb so hopefully most of the naughties have already been outed to the market.
there is talk that the board and key holders may want closer to 80 cents, the only way i can get see them getting that is with competitive tension - enter lazard partners.
sale of business units was being initiated anyway so there may be a fall back result there.
monday should bring the vision to us all - fingers crossed. certainly the downside from 50 cents would not be too much but it certainly reflects the market concern of the 60 cents not being a done deal.
SIP Price at posting:
49.0¢ Sentiment: Buy Disclosure: Held
