acquires rio's 20%, page-27

sorry tfry i don't understand this. What makes you think that you can buy back at 85c? Arn't you assuming that holders will sell in anticipating a price fall? What about new holders? surely this is good for new holders where they can average down their cost price of OXR?. I assume if i sold all my shares friday i have no entitlement until i buy again - is that correct? if so then why would i sell and risk having to pay more as this news is positive fro OXR as well as price decrease recently, unless it is "normal" for the share price to near it's rights issue price? i also assume there will be a scramble on/before 2ndfeb for shares.