afr article, page-19

forget $4.40.
jbahs - stop being such a hater and try to do what you're telling us we aren't doing (ie look at this objectively).

there's been numerous threads on the worth of AIO - so read back and make your own mind up.

even you must admit that multiple bidders, and unique assets = premium price.

must be a premium to the current SP, otherwise a cap raising could satisfy the bankers in the short term.

so whether its $1.50, 2, 3 or 4 etc doesn't matter. the value of this business drew a $4.40 bid last year - nothing's changed except the appetite of the market for debt.