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On my rounds and just a little behind..
personally, 7/9 and 25cps for the next 40% is affordable for Mr Duke and he'd end up with 55-60% of both BGR and KMD. TBH, he also has to prove himself in the australian market where kmd is. kmd will be getting an independent valuation which on current data was $1.90 (morningstar). if 2h numbers are better then anything up to $2.50 is possible hence my numbers
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