If this works out, in my view it is the bargain of the century. However, because nothing comes for free on the ASX- not ever :( then every tick down on the All Ords adds risk, and every tick up on the Ords removes the risk. We're now 4020, and we need to be >3650. We have 9 trading days to go before it is "on or about the 6th October" when the sale will be completed. So there is 370 points up our sleeve over 9 days, not including today. Let's hope we don't have any of those slashing -100 days.
Of course, there is a slight risk that the motions at the meeting of the 4th won't be carried, but that risk seems remote.
I say "we" in my above post, but I am not yet a holder. I'd like to be. The reminder of the 3650 that holders have given on here, is the most important number of all. If the Ords go up significantly towards the close of the 9-day risk period, I think there will be a buying frenzy. The Ords figure has it for now, though.
Good luck, holders.
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