They will base the CR offer on the VWAP on the days leading up to Pfizer's original offer appearance. Subject it to a discount on that basis and then offer it to instos or "sophisticated investors" is my belief.
I can't see the CR even being at 0.10 but a realistic CR offer figure may be between 0.055-0.075.
In any case, today's the last chance people will have to vote so make your vote count regardless of which way you intend to vote and GLTAH.
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I'm getting out, good luck gents, page-92
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