They seem to be moving quick on the investors who dont give much...

They seem to be moving quick on the investors who dont give much of a f about it - essentially instos deeply in red dont care if sell at 7-8 or 12 c as its a rounding error on their portfolios..

But for the rest of investors, they will need to work harder to get this done fast. 15-20cps is my bet (price) as it leaves a multiple beggar on the table for the newcomers over a couple of years while given investors a sense of not being totally screwed by the past CEO..

For any offer below that Im happy to roll the dice and hold on to my shares and see what Mr Dubai can do with Enterntainment.. This is finally out of the woods with the new backers so why sell near its lows and a big loss?

my personal take as traders who got it low will be taking a different approach... but for many who have suffered with this for a while, there would nothing worse than selling low and see the business re sold for a big price later..