Are there any other CIF holders out there??
What is the opinion on the offer by Arkmile Ltd?? $3.50 against a close share price of $2.98 (opening at $2.44).
Does the fact that market didn't bounce to $3.50 suggest that the probabilities are against this?? I am not quite sure how to read it.
Given I got in at $3.40 and have ridden this thing down since early Jan, I am thinking an out clause at $3.50 may be just what the doctor ordered...
Edit: Just noticed that Duetsche Bank upped their holding from 7% to 9% - vote for (and getting some nice profits) or blocking vote?? That said, Challenger own 30-something % and Packer another 20 or so, from what I read today, so not sure DB would be along for anything but the ride!!