"I can refer you to some announcements made today, indicating...

"I can refer you to some announcements made today, indicating Stanfield presently holding around 19-20% of Mariner. This relates to SFN taking a being largely responsible for the initial recapitalisation of Mariner and choosing to remain below the 20% takeover threshhold. There may be arbitrage opportunities between the two companies because of this relationship..."

Thanks Darren. I did read the announcements and was interested to see that SFN is still holding a further 84m of MCX convertible notes. Has anyone else done the maths on this? The current SFN share price does not reflect this...