is it a white knight or a bluff, page-2

Yes - you cannot help but be cycnical....but just maybe, perhaps....

High risk but the sugar daddy was always lurking and has been for some time. The lonmg term CMQ holders knew it ever since last Dec.

In comparison, the Ansett wind up was interesting - so many options, last minute bids, so much against them but they eventually had to wind themselves up. CMQ is a different story, in a diferent industry.

Will be fascinating.