macquarie bank bids for redcape: afr, page-2

asf don't get too caught up in the discount to NTA, that is quite negligible in the overall scheme of things when looking at the gearing, plus you need to look at how quick the NTA will increase at standard interest rates as opposed the gouging that is currently happening

The real kicker is getting the pub line in one hit as a group like this doesn't come up often.

Look at some of the big transactions of late which have been done at good prices, which is why everyone is trying to screw / scare the shareholders in this company

Administration / recivership is not going to be a good outcome though for shareholders, which is why goldman are playing their game.