Salty,
KIK keeping 40% of SC54 - now I like that idea!
Would be good for KIK to take advantage of good times and fill the coffers, but I hope they will get the chance to do it above 20c shortly. I know the heads were only 8c a few weeks ago, but things have changed now with these numbers having hit the streets.
NDO/KIK must be extremely confident in the data to open up a bidding war. We won't have long to wait either with bidding to close in under 8 weeks.
Spare a thought for those KIK investors who got nailed by ANZ and OPES last month. 41m heads and 18m oppies were dumped by ANZ in the fire sale. These guys must be absolutely foaming at the mouth right now. I wonder if they are getting involved in the actions against ANZ?
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