I had some communication with Patrick Bocock mid November, he indicated that binding bids are due in late Feb. He prudently didn't show his cards by answering my probing questions on the number of bidders and indicitve value, which I didn't really expect to receive a response. All communication was polite and professinal.
The sale appears to be in good hands is the message that I'm trying to convey - usually I rubbish management on matters that drag on, but for now I'm satisfied. The only qualms I have is that we (ex Beppa holders) receive updates from the press (AFR) rather than directly from the Brookfield providing the management services. I wasn't sure if the issue of holding statements could have potential CGT implications either though this doesn't mean they can't send a letter out.
Feb is a short month so fingers crossed, any futher return is a bonus, especially after paying only 8c for my 6 figure holding.
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