Last day for the deadline today chaps, b4 the board gets into a group huddle & decides whats good for u (& them).
Noticed that CBA have cut their holdings down from 10.01% to 8.96%. They now hold 62.647m shares. In the last week itself they've sold about 7.32m in AIO. THe SP has had a stellar run since 8th April from 86c to $1.26, but more importantly, who's buying!!
If $1.20 or $1.50 is the anticipated floor-price for the SP for a part of their segment (Ports), then surely couple of the short-listed bidders would also b eyeing the "Whole of Company" option & accordingly lodge their bids.
The waiting game begins next week!!
AIO Price at posting:
$1.01 Sentiment: None Disclosure: Not Held