THIEVES HAVE A HABIT OF COMPULSORY REPETITIVE BEHAVIOUR.
just have a look at CXG,EGN,ENG and now..... NHR.
Only a higher bid @ $5.00 will see substantial shareholders 2-5 inclusive jump on board.
subject to a revised offer and 2 independant valuations one to justify NHR are worth at least $2.50 so KS doesn't have to pay about $100m the other to substantiate to NHR stakeholders a valuation in respect of the bid by SVW.
along the way the independant valuer Lonergan may be used.
if the story sounds similar then you've probably seen and heard the scrip before,the outcome most likely will favour a particular party.
if the gfc has taught us anything,cash is king and a higher bid is needed for those assets in high demand,so until then....