The $6 thing was just an example. Let's say right now at $5.16 the "market" believes Dart to be worth 46cents. My origional point was how can capping the price benefit Shell in any way? The higher it runs under the current offer the more likely holders are to vote yes in the belief that the extra value is Dart.
Also do we know if the shares lent by NAB are for shorting or to give a certain party more voting power when the time comes?
As for FIRB it is certainly not official as yet just ACCC.
I completly agree on one point and that is that something wacky is going on - I just hope in the end it benefits the shareholders.
Pete.
AOE Price at posting:
$5.16 Sentiment: Hold Disclosure: Held