top 20, page-6

Thanks Cabinets. They haven't flushed out too many yet and will probably get to that 26.5 before they would like, as there is NO sellers above 50K. So, unless they lower their block, no reason why it won't hit 26.5 sooner than later. That will tell us their intentions.

I fully agree that the company seems to be building up a defence block on the Register with Merrill Lynch Nominees (a friend) and now Commsec (representing another friend) coming on to the Top 20.
No offer below $1.00 will get 80%, so, IMO, no one will even bother going below that with the risk of not even getting 50%.
700 VERY LT holders hold over 72% of the company and I would bet the proverbials that after waiting this long and being so close that they would not sell for under $1.00 MINIMUM.
Keep in mind that these people have INVESTED LT and IF the GSA to China gets off the ground (855) there will be OVER ONE BILLION DOLLARS coming in EVERY YEAR for OVER TWENTY YEARS PLUS.
Do the P/E's for that with an IC of less than 500 mil!!!
Apologies to everyone for sounding too "positive", but, let's not forget REALITY. Numbers don't lie.