Bendigo,
We'll be all the wiser as to what strategy was appropriate once the fat lady has sung. My money is on M&K (naturally) and not on Bingo. For Bingo it is a matter of life and death and that's the way they are playing it, too, which is fair enough. I just hate the dishonesty of Bingo's management. They openly lie in their letters to investors and do not inform the public and shareholder of the real extent of the risks involved in a potential loss vs M&K. But I suppose this is just a reflection of the quality of senior management. As usual the fish starts stinking at the head....
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