I doubt Focus will offer anything to Stone that is substantially better than the original takeover offer.
Focus appear to be players of the long game. I expect them to make more acquisitions down the track, and they would be shooting themselves in the foot if they sent a message that holding out will be rewarded.
I really don't know what Stone expect to achieve. Are they just pathological gamblers who over-played their hand, or is there some hidden method to their madness?
jun qtr v sep qtr, page-13
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