if it is a friendly TO offer (and I agree with the tea leaf readings here) it logically HAS to be substantially above 53c
Hence I would expect something around the 60c mark.
If so I would be hoping for a bit of argy bargy to drag it over 70c.
I realise in the long term we will be worth more but 70c in the hand now (or a months time) is pretty good IMO.
trading halt, page-27
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