Can't see it coming back to 004-005 but who knows. I'll be in the queue if it does. As mentioned yesterday, even at 1c, this would have a $4M EV, which, for a Cygnet shell, is too cheap. Their other shells (IHS/RMR) are much more difficult to get set in, due to a lack of liquidity, so for many, this shell offers the easiest and most obvious exposure to any future deal.
Ann: Market Update, Board & Company Changes,UIL-ENB.AX, page-33
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