After spending the past couple of hours reading Grant Thornton's waffle, 25c is at the bottom end of a fair and reasonable offer. 28-30c would have been considered good. Are the funds prepared to push for 27.5c? I'm not sure! It's a bit of a risk but I reckon Lone Star may have room for 10% movement upwards and I'd like to see the insto's go for it.
