The state of the sp is so bad at the moment that I am not even...

The state of the sp is so bad at the moment that I am not even willing to predict anything other than a small rise when the bidders statement comes in. Or even when the offer opens.

I think that investors are so worn out and battle wary that it will not be until we start seeing the acceptances climb up towards the 90% level that the sp will start to respond.

In short I think the arbitrage opportunity will be around for a while so I can understand holders reluctance to put any more hard earned into this flea bag. Why buy now when it will be cheaper tomorrow?

As they say when your hot your hot and when your not then your........LNGL.