price target "tote" for 22 june, page-9

Stupid Question Alert:

On Friday I assume there will be announcement that the deal is offocial and 51% of SEHs major holding will be purchased for $100M

This implies a pps of $0.175?

Is there an expectation that the official announcement of the deal would/ should lead to a re rating of the share price?

If the above is true why has the re rating not already happened? is it awaiting official confirmation, or considered bad to give away 51%?

Thanks in advance and sorry for the ignorant question

Sam