So the Sirius SP was peaking around $3.25 on speculative talk of a takeover and was the last price before the announcement. By my rough maths, that would mean an Independence Group SP of $4.14 would mean IGO gets Sirius for $3.25.
Well done market, well done. Can't see this deal going ahead, which would be a pity. Why sell such a premium asset at market price?
