Ann: Independent Expert's Report , page-9

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  1. LZA
    1,855 Posts.
    yes, CKI are in the drivers seat, they can wait for a higher offer, if there is none then reject the offer, but even then ENV should be around 1.10 - 1.15.
    clearly some were nervous yesterday and the 1.26 price did seem at the high end.
    a around 1.16 seems to be about right for all known factors, now it is just a waiting game.
    still like the divi though
 
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