might as well publish my real email..... email away
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I do see a positive here. Perhaps OPT/ICG, in getting to look at more info will offer a fairer bid. But they will need to decide if having 17.5% of the new company at $1.01 is better than having all at, say, 1.2157 (or 1.2175).
And these special interest shareholder groups now need to worry. As Southern said, the Leftovers Group can scuttle the entire deal. And the Leftovers should scuttle any deal that is NOT 'in the best interests of, and maximising value for, Zenith shareholders'.
Also, we should see OPT/ICG back in the market buying. If they have 17.5% only, they will want to get to the 19.99%. They will want to get there either way.... to be 20% owners of the new PEP run Zenith and/or to make a bid higher than the current bid.
Interesting days. As I said, the worst outcome is the deal the table. But I feel a bit cheated that the company is not being sold at a fair price (fair as in my opinion)
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