Given the run off state of Lion Select I would bet all of your family jewels on the fact that the only seller today (within reason) is LST. The problem that we are all going to face (those of us who aren't Instos) is the fact that the larger shareholders just aren't prepared to let the project go at what they consider to be the wrong price. They had origionally been talking $2 and above which is why the majority of data room entrants turned their backs on the deal. If they are prepared to look at $1.50 now then I believe we might just break the historical deadlock.
SPH Price at posting:
88.0¢ Sentiment: Buy Disclosure: Held
