Yoda I will ask you, as I asked of Dumas in my post on CTN,...

Yoda

I will ask you, as I asked of Dumas in my post on CTN, where would Wilson Asset Management's 5% stake in CTN fit into such a scenario?

https://hotcopper.com.au/posts/27972621/single

The value of CTN shares, including the 5% held by Wilson, would be eroded by any such over-paying to buy back the clunker that CGA seems to be.
And IMHO anything more than the cost of its shell would be over-paying for it.

Aside from that question, I still cannot fathom why would Naos have bought circa 14.6% of CGA.

cheers