The suspense is killing me...I agree this is great entertainment. Yes, curious that the CDY expert posters seem to have gone to ground. I suspect the unwinding of the LMIG is either that some wanted to participate in an expected SPP at a discount and some didn't or simply they are not like minded any more for any number of other reasons.
I don't think a SPP is on the cards at all, rather that tomorrow we'll hear very positive news about a substantial placement at a premium; an issue price between 3.5c and 4.0c is my guess. Accordingly, don't be surprised if the sp lifts to >4.0c after tomorrow's announcement.
Ann: Ceasing to be a substantial holder-CDY.AX, page-33
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