The most probable reason for RHCPA holding its relative value is...

The most probable reason for RHCPA holding its relative value is that KKR is doing due diligence on Ramsey, in the event a takeover takes place RHCPA will likely be redeemed at $100. At the current value of AYUPA at $85.5 it will return 8.35% for Australian investors buying now.
I wonder if there are overseas investors in AYUPA who might prefer to take losses and move on.
We hold and with a substantial paper loss and will continue to do so as it appears well undervalued, we also hold RHPCA with a small paper loss