$2.26 is not enough. $4 would be a more reasonable SP and closer to FV.
This is just another opportunistic lowball bid with no chance of success except from stupid insto fund managers who have no idea and little governance.
Insto fund managers have as much morals as alley cats in fact alley cats usually have more morals than insto fund managers in the Aussie market down there.
Ann: Link Group enters into Scheme Implementation Deed, page-23
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