Ann: Change in substantial holding from MIN, page-34

WGO thought that "Hedge Funds" were behind the buying of WGO shares over the last week or so.

Then MIN reveals it has been buying almost 35m shares since last Friday (13th !)

Does anyone get access to Chi-X and ASX numbers, to determine just how many shares were traded over that period?

Because over the last few weeks, almost certainly the funds (hedge funds, brokers, speculators) have been buying up big quantities of shares, in the expectation of a quick turnover and profit.

So what happens if Hancock does not increase bid? What happens if STX does not increase bid? What happens if MIN does not make an Offer?

It's a stalemate.
Then the two official bids run their course.

But what is an almost certainty, is that these hedge funds, brokers, speculators, will not be prepared to be lock-in to either WGO as a rump shareholder, OR be locked into STX as a shareholder.
That would not be their game-plan when they bought into WGO.

They will either sell on-mkt, or more likely accept a cash bid.
They will not want 28c a share though.
So maybe they are sweating on H getting to 40% to get 36c?
If they try to dump a big parcel on mkt, that would surely dump the SP ??

Interesting stuff.