Not really asking you to speculate, it was a simple question of whether you think 20c is a good result? That's a straight up opinion, no speculation needed.
As for the rest of this post, I was in the camp that thought at the start of the Manono journey that 15-20c takeover was a good result. Just because it overshot that doesn't mean it was worth more than 20c, just means the hype of AVZ itself, Li and markets as a whole was a perfect storm during late 2017.
And we end up back at the same question as always, how many LT holders capitalised on that hype? If you held all the way up and down a 20c bid around Aug/Sept of 2017 would have probably been a win in hindsight?
AVZ Price at posting:
4.4¢ Sentiment: Hold Disclosure: Not Held