re: broad range to cover his backside Aka,
IMHO I would predict that KPMG will value it at between 2.02 and 2.50, NOT 1.20 and 2.50 my guess again, 2.30. This would probably make the majority happy, even TLW i would suspect as I think TLW would have at least 10% or 20 cents up their sleeve.
If there is another bidder, it would have to be around say 2.30, TLW would then have to go 2.50.
Currently trading at 2.06, 2.07 buy to sell ratio of almost 7:1, and this would have an uncertainty factor built in, I think the above figures are pretty close.
I stand to be corrected. Comments anyone?
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