Your right in that it appears Big Mac playing quite a smart game of chess right now. They seemingly have all the pieces in the right spot in preparation for checkmate on their terms.
We wait in hope for RC the deal-maker to bring along the so-called "other parties". These other parties will make it difficult for Mac bank to have it all their way in the negotiations. In fact, simply the perception of other parties or for that matter "alternate funding option(s)" have put MAC bank on alert. I don't believe the upper hand in these negotiation proceedings is as you paint it so strongly in favour of MAC bank. Await with baited breath on outcomes.
Also, don't underestimate the voice of the shareholder CSA association. Turning this into a hostile situation might just get a few more sharks circling about.
CTP Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held
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