Anumber of positive points for the sp:1. By not issueing the...

Anumber of positive points for the sp:

1. By not issueing the additional shares to Toho it removes the proposed shareholders dilution.
2. By Toho buying shares to move to 50% holding it removes a lot of shares from day to day trading. Less supply.
3. In a capital raising, Toho would put up 50% of the money as per their new shareholding. Reducing the need to do a heavily discounted raising.
4. Until this deal is approved. Any other suitor including Nystar, can come and push the sp up for whatever reason (as Nystar has done with it's two bids. Remember where CBH price was before all this.)