Personally I think if an offer came in around $1.80 to $2 then...

Personally I think if an offer came in around $1.80 to $2 then it is likely to get over the line..

I say this with no qualifications other then it is a massive premium to current sp and allowing for their asset backing plus management contracts/services business intrinsic value, which is probably a lot harder to value..
So one would think it would certainly have to be considered??

I would be voting in favour for it.....lol.

Thinking out loud here, but if a hostile bid was to materialise out of left field and completely unexpected can MM knock it back if they consider it to be too low or must it still be announced and put to the shareholder vote???

Obviously it has to be announced and voted on with MM either recommending it or not.....

Point I'm making is situations like this do eventuate from time to time and catch the market completely by surprise unlike the extension which everyone was anticipating/expecting.

Just something to think about I guess...