Tank, page-6

AFR has an interesting article today containing an interview with Peter Hall.

http://www.copyright link/markets/p...and-sold-to-out-to-soul-patts-20170101-gtkgee

"Basically we zigged and the rest of the world zagged so we lost about 7 per cent as a result of the Trump victory and Sirtex and Vocus, and the market went up 10 per cent. In one month we lost 20 percentage points of relative value. In the past I would have been willing to wear that and get it back," he said, recalling how he had recovered from the financial crisis.

I wonder if the SOL bid at $1/share reflects substantial recent underperformance following the Trump win and the potential for a run on funds under management?