Boys, boys, boys....
The game is up, the deal is done, it's just a formality. CBA know that - they're sell down confirms it. Morgan Stanley know that - they're buy up supports it. The White KnIght has ridden off into the sunset. Our best option now is a YES vote - get your money back and invest in your NBT (Next Big ThIng) and go again elsewhere. The alternative at best is years of uncertainty and a significantly repressed share price. And I really don't think a change of management will make a scrap of difference. We're playing on a pitch by someone else's rules. TIme to pack up, take the assured outcome and move on.
Am I happy - no.
Am I realistic - yes.
SEH Price at posting:
23.5¢ Sentiment: Hold Disclosure: Held