good opp to accept, page-7

Hi Guys,

Arbitrage is quite attractive; however, with lots of big guns involved you'd imagine there is a reason that it mow represents 11.7% arbitrage gap.

Any thoughts on the risks/ games?

With all these large Funds taking stakes I would imagine it is not for the long game of a failed take over and developing the project. Surely their game is to try and force a slightly improved offer and take the profits.

A bit of bot action too perhaps massaging the SP downwards...

Any thoughts on risk/ return?

Cheers
John