Arbitrage Opportunity, page-18

@sydshare: For all intents and purposes, BLY is now practically a private company, with over 95% of the common stock owned by private equity and hedge funds.

Morely likely than not, they will redomicile BLY to the US. In any case, now that most of the retail shareholders have been flushed out, they're finally going to turn the company around.

In a couple of years, the company will look like Cinderella again... just in time for another $3b-$4b Australian IPO to bring it back 'home'.

Well played, Centerbridge. I'm your biggest fan! Two thumbs up!