Sir, and do we know what is the 'amount being tossed around by a group of disgruntled Alita shareholders'? $1.4bil, $1.6bil, $1,8Bil or somewhere nearer the valuation of Azure??
As mentioned before, I believe the ball-park or estimated figure has been presented in the court hearing by Justice Hill earlier and during which she described the returns to shareholders to be 'significant'. The final determinant will be the IER as provided for in the SSA. This is where it is not too much to expect Deloitte to use established methodology in determining the value of Bald Hill. Benchmarking must surely be one accepted basis of valuation. I remain... hopeful.
A40 Price at posting:
8.2¢ Sentiment: None Disclosure: Held