Kiril...hopefully HFA recovers enough to do a capital raising,...

Kiril...hopefully HFA recovers enough to do a capital raising, clear its debts, and then swallow EFG. My guess is that at say 12 cents, this would pay for itself in a year...whether Reid and others would sell at this level is another story, although I assume Wingate would be happy to take the money and run.

I presume the for sale sign will have to go out if they are still trading at less than cash in the bank at the end of the year.

Re strategy...nothing changed here as you noted, but unfortunately, other than Sunsuper win, I can't see any outcomes.