Monday is the scheme meeting. Let's hope Mr Cooper (former Chair and his wife holds 11.13%) can influence other holders to push the scheme higher. The article says that many funds have pulled out because we may end up getting $2.50 due to the AUD. Apparently banks and funds have no idea which way the scheme meeting will go on Monday.
I note that the AUD is now $1.0746. With the fall from $1.10, we may get the plummet required, after all.
RDF Price at posting:
$2.49 Sentiment: None Disclosure: Held