is it simply inevitable that when it comes to the crunch, if needed, WAM just improves the offer just enough to wrestle control from PM? Only question is if they need to sweeten it and by how much they need to improve the deal?
I am trying to think of what PM can do to compete with WAM's expensive scrip, I can't think of what he can do without being a negative for PGF holders. Guess he probably realises that so whilst he loses this battle he at least goes down with a bit of a swipe at Wilson (many fair points) in the process via market announcements and media.
PAF Price at posting:
$1.13 Sentiment: None Disclosure: Not Held
