Ann: Becoming a substantial holder from MUFG, page-4

AF Mitsubish and/or Sentier can now block a t.o at 90% with their 6%, 5% 5% stakes
hence the SP above the bid since the bid

IGO looking to sweeten its cash offer as its SP rockets to a $10B MCap.
It can well afford it, a cash offer means no dilution just junk bond debt
BOD, CEO & PPT unanimous approval of IGO bid is a BIG bonus imho.

My call last year of 3.60-3.80 scrip bid way above the actual bid of 3.36 cash.
IGO will go to 3.50 imho
Cash is King.