about to announce a 60c deal, page-10

Amazing all this...obviously for Paul/Sycamore to get a look in and access for DD, he had to come in with an indicative offer of $1.10, which was about 40% premium to the current sp at that time. Obviously if he came in at 60c then, would have been told to FO !

Now this deal at 60c (am thinking deal and not 1st offer) is at 20% below the last traded price of 73c, the mind boggles, so really more recently the market also got it wrong too, including the more downbeat analysts at 80-91c. This deal has blind sided everyone, no one picked it, even Credit Suisee at 59c target with "takeover falling through".