vwap manipulation: prior to a t/o?, page-52

Great Chief, further food for thought but ATM the under the counter trick doesn't seem right. As less than 1% will get you into top 20 and I do my calculation almost on a daily basis. Enoch again for many months I have been naturally working on my T/O thoughts. If I am correct I believe a bid would come in the form of a paper offer, at around $300mil or approx 67c IMO working on our current 75% interest. Against, the Big Boys would want a JORC first to put to the Board, however as I have mentioned before that at the Melbourne presentation I heard the names of 2 or 3 who were looking at IVR in some form or another. (Broker talking to JA). The names meant nothing to me as there are apparently many out there watching very closely. At "time goes on" the offer price will have to be increased substantially and so it may be a case of jump now or miss out especially to a now medium sized operator / producer. Assassin I have broken the very golden rule of "do not average down" but I have done so from around 30c to approx 20 and so another lick will or should bring that down to say 17 and I would be very happy with that level. JA knows me and I believe he is also aware of several others who are sitting and waiting to increase their interest. Problem is as sell thins out volume won't be available around present level so I am starting to twitch. Confident therefore of price action very soon.