I think we may have to wait till they start appreciating DES...

I think we may have to wait till they start appreciating DES before the SP heads north. The BYI takeover offer is only a couple of weeks away. I'm thinking they wont be offering script to BYI and I'm hopeful of a spp. Even the $5000 max that seems popular ATM with some finance would be ok. I just dont want a placement to "sophistcated" investors or insto's and we miss out.

Better still, a one for two offer would raise about $36m, sell some real estate, and finance the rest, the debt could be serviced by BYI income and Destra effectly doubles in size.

BYI fits the mould perfectly.


Cheers

Oscar