aud keeps rising -bid of $8.15 cad = $7.89 aud, page-10

Furthermore, I rang the ANZ bank and asked them about depositing an overseas cheque (the competance of the staff and profitability of the banks is another story). They said they would charge a $100 fee and it would take six weeks to clear. And could not quote a rate.

My choice is to wait till round the 20/5, in case of a counter offer, and if there is no counter offer sell on the market(hopefully shareprice is around $7.80). I get my cash in 3 days and can invest in other opportunities (which might be self-funding installments).