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17:15
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Originally posted by RooBendigo:
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My current theory, based on nothing, is that Kin / Delphi might sell their 10.5% to SBM. That would sweeten the proposed SBM / GMD merger, assuming the TO offer can be kept open through the merger. Kin would want some kind of deal though. My old theory was the TO would lapse and eventually GMD / SBM would have to pay a lot more in a new TO offer for the remaining shares (including mine). Perhaps both theories wrong.
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..."Almost as if the directors installed by GMD weren't really trying."...
