I can’t remember if I can remember reading this during the previous bid:
My reading is that SWM have taken Prime’s valuation a little more seriously this time. Also, if Bruce has his sights set firmly on a Nine/WIN buyout, it wouldn’t surprise me if he recommends the same for Seven/Prime.
To my mind, Catalano is the biggest wildcard at the moment. I’m sure he’ll make his position clear in the weeks ahead.