Ann: Conditional Increase to Hancock Offer, page-23

For those of us who HOLD LONG & HOLD STRONG,

this is yet another vindication.
There aint no way Gina can get to 87% because:-
- there are some 500M retailer shares from the pre-dilution period still out there
- the daily volume has dried up
- the line swipes at 4.3 & 4.4c show only a 40M volume capture = SFA
- FMG holds 11.38% leaving 88.12%
- twiggy holds/held 4.99% that he swapped to FMG that was then cancelled leaving 83.12%
- this mystery INSTO that holds 2-4.9% has been buying up at 4.25c for months seems not to be a seller
- of the remaining 5% hardly any want to sell below 6c-10c looks like if at all

With 76% under her belt already Gina is realising that the bid is too low to win, this trick is aimed at FMG and twiggy to sell out to her so then she can mop up us small recalcitrant retailers who bought in at 10c-400c and wont sell at all.

Lucky FMG & twiggy hold the 16% and now are the protectors of us small holders.
I cant see twiggy letting go of this strategic asset or flipping his shares for a 10% margin, he has the veto and blocking stake and she knew that from the start.