Yep, LZA, and now the AUD is $1.09. This is such a failure of a...

Yep, LZA, and now the AUD is $1.09. This is such a failure of a takeover from a shareholder point of view. I am now up 6.5% on my capital- and I bought in on fairly cheap caverages. If I ever see one of these exchange rate leverage takeover conditions in the future, I'll know to sell out immediately upon announcement. Now I guess it's just a matter of waiting- we might get an extra cent if things go well for us.

This article discusses the independent expert report and how two offers were received above $2.50, with the Consortium's offer being higher. I wonder if that's still the case. We may not even get more that AUD2.40 the way things are looking.

http://afr.com.au/p/markets/dealbook/expert_gives_reflex_the_green_light_YC1fh6ALaKYtJlhh1KhofN