My guess it's Big Mac buying the shares. Why? Because every share they buy now is one less NO vote against them, even though they can't vote the shares, they are essentially quarantined. Also, once this is knocked down they will then have a platform with which to launch an on market offer. They are more than a bit pregnant with gas and with us. They will come at us again once this is knocked down, and knocked down it will be, but the beauty of it it will be an on market bid to true value. The mistake that they have made is in being too clever by half. The offer is too low ball.
Another word of warning, you will be sent out an IER with your package in the next few weeks. It will be the greatest work of pulp fiction in the annals of human history. I'd put up the Quixote as an example, but at least that is quality fiction, this rag that they will put out is the equivalent of a trashy Mills & Boons bodice boiler. They will paint the most dire circumstances surrounding the company known to man. The Ebola Virus, Aids, pestilence, third world hunger, war, famine, etc all on our humble heads if we don't accept their silly offer. Then there will be their silly on market games. I say this all because I have been down this road before. Stand strong. Vote NO!
CTP Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held
