takeover, page-43

No just opportunistic by Archer Capital to buy part of ABS holding at the then current or even slightly above market price. They would have needed this amount to show themselves as a serious holder to give legitimacy to their bid. ABS may not have even known of the bid intention when it sold its parcel. Then again it may known, needed the cash and sold part thereof knowing it will pick up a premium on the balance when the bid was made. Reading between the lines the consortium seems close to current FUN management which is a concern to minorities.