I do not classify myself as a guru but I am happy to outline my...

I do not classify myself as a guru but I am happy to outline my thinking as a holder. There are only 4 reasons I would think that would cause you to sell. 1. You think that the deal will not come to fruition despite being signed up and funds committed. 2. your personal financial circumstances require the funds before the settlement date for all the returns offered by Carlyle which includes the delay of the refund of franking credits. 3. You think that the return of your capital can be deployed into another deal which will give a financial gain greater than the loss suffered if you sell right now. 4. Your financial situation does not allow you to access the franking credits and therefore the loss between what is offered to you and the current share price is hardly consequential.