Ann: Trading Halt , page-22

The absolute minimum they would have to come in at is around $1.90 - $2.00 with room to increase the bid to at least $2.00 - $2.10. There needs to be an incentive for them to gobble Valad up at a discount, I'm eyeing off a nice 6 figure profit on this one at anything close to $2.

Best price would we expect would be $2.30 - $2.40 IMO with NAV around $2.79 Blackstone would probably have to pay a fair chunk out in redundancy payments so knock another 10-20c of NAV there and say its $2.60, and say they pay $2.10 that is still a massive 20% discount for them, a big enough incentive anyway.

James, the NTA would have taken a dip of less than 1c on the Hurley payout, at least half of this would have been provisioned for, I did notice a large increase in provisions from June accounts to Dec accounts.

I live for this!