eye deal about right for the sector: afr , page-5

Thankyou so much asf for the reasons you mention with the accompanying articles, etc...makes more sense to me now.

in the case of privatisation, and obviously it depends where the sp is then, however you would expect an offer to shareholders of somewhere between 30-50% premium.

therefore at 27c current sp, an offer of say 35-40c ??? all assumptions at the end of the day...but then again, the base price may be lower if they are forced to capital raise first and at a price of 20-22c.