It looks like Alceon sold out. Interesting in the context of...

It looks like Alceon sold out. Interesting in the context of what they said below. Did someone offer them more than 3.20?

Alceon statement of intention
Alceon, through NKT Investments Pty Ltd, has a relevant interest in and control of the
voting in respect of 11,739,083 stapled securities of Think Childcare Group, representing
19.21% of the stapled securities of Think Childcare Group on issue (Alceon Parcel).
Upon receipt of the Further Revised Busy Bees Proposal, the Independent Board Committee
canvassed the views of Alceon in order to ascertain its level of support for the Further
Revised Busy Bees Proposal, in the context where the Independent Board Committee would
not be prepared to recommend any proposal which will ultimately fail and result in
considerable costs (including distraction of senior management) and expense being incurred
by the Group if the Revised Busy Bees Proposal were to be presented to the Independent
Securityholders.
The Independent Board Committee has received correspondence from Alceon that it is
supportive of the Further Revised Busy Bees Proposal and that it intends to vote the Alceon
Parcel in favour of the Further Revised Busy Bees Proposal at the scheme meetings for the
Further Revised Busy Bees Proposal, in the absence of the Independent Board Committee
recommending a superior proposal and subject to an independent expert concluding (and
continue to conclude) that the Further Revised Busy Bees Proposal is in the best interests of
the Independent Securityholders of Think Childcare Group.