Yes, boy. Absent a higher bid, the only negotiating lever AVB...

Yes, boy.

Absent a higher bid, the only negotiating lever AVB holders have is noisy protest. HC followers may have to endure their Cupid's arrows a little longer.

AVB holders know perfectly well a big capital raise is imminent and essential. They will quietly fold at the last minute - a moment that probably can't be extended beyond 14 June. No point criticising their pursuit of self-interest.

Ash