They have 15% in link
if they walk away, they will have to sell them 15% at a loss
Link standalone value I’m happy to hold
buying link was always about splitting the two and realising the true value
now we have an indicative value on pexa and a realistic timeline
I’m actually hoping they will walk away so I can buy link for $4 again and own the two business for $2 each
Ann: Non-binding indicative proposal materially undervalues Link, page-45
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