the sum of the parts can't be worth more than it is today....

the sum of the parts can't be worth more than it is today. if it was, if there was a chance of it going up 50% on demerger then we (and all the big players) would all be crazy not to be buying it now as demerger is only a month or so away.
it is taking part of AJQ that is 57% -60% of the current total value, giving 33% to holders and zeroing the debt with the 27%.