Some very good comments above and good to see I a am aligned to the other retail investors. The other important factor to consider, for those who brought in the 20s or 30s, is the CGT consequences of the sale. As the shares would likely not be held for more than 12 months, the CGT discount would not apply. I also note in the presentation the $50m of the cost savings initiatives are sustainable.
The second offer still doesn't entice me, so like many others, I would be accepting the current offer.
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