HC, now you are talking.
Option 2 is my favoured outcome, as we have a new Chairman, an MD that cannot survive (no matter what the bid outcome will be), financiers that will support a reversion towards a "friendly" bid and the likely separation of the laundries business into a new listed entity that will provide some existing SPO directors/ executives with an opportunity to continue in gainful employment.
There has got to be 10%+ uplift in the bid price for SPO support to follow. This is my tip.
SPO Price at posting:
$1.06 Sentiment: None Disclosure: Held