"When I pointed out that the Macquarie proposal had failed he seemed to be a bit stunned and I suggested that he call me back after he had consulted with his advisors."
Are you referring to the offer by Macquarie to not pursue unitholders for future instalments if the resolutions were defeated? This proposal being rejected by Deutsche?
http://www.news.com.au/heraldsun/story/0,,25310945-664,00.html