due diligence exclusivity ends tomorow, so will be interesting...

due diligence exclusivity ends tomorow, so will be interesting if they request more time. you would think they knew there were problems when they made the initial bid and you never throw your best offer on the table first.

i imagine lazard are working hard on alternatives - partial asset sales etc. certainly they have a vested interest with a 10% holding.

the negative press could have been orchestrated by investec who are advising aspen. someone mentioned they picked up a holding - can anyone confirm this, there was not a significant holding notice lodged.

sigma have great assets, support of its banks - but the market does not ask questions, just sells down anything with doom and gloom painted all over it.

i bought for a short term play which is now turning into a medium term play unless we are pleasantly suprised tomorrow or monday. i was told news flow would be significant over next two weeks.