I think people just de-risking and putting money in the...

I think people just de-risking and putting money in the bank

There is a small chance the sale doesn't get approval or is blocked by the FIRB which means no 47c deal

So some are just banking the money now and moving on

Those buying now are punting the deal will go ahead and at 45c they stand to make about 4.44% if it all gets up

If you look at the timeframe and say the time between buying at 45c and selling out in the takover at 47c is say three months then annualised the effective return is close to 18%.......if the timeframe is shorter the effective return is even higher

Easy money if the deal gets up