PPT dropped anthother 2m the other day at $5.17 which now looks a pretty good price. They still hold 23m. Their earlier selling was just after the announcement at around $5.20.
Only 4 days left to the deadline. It seems to me the market doesn't think the Macquarie's faux bidding war will result in a single or combined bid much higher than the original indicative values of $5.10-$5.26 from late May.
SAI Price at posting:
$5.05 Sentiment: Hold Disclosure: Held