indophil about to snack on the lion

Lion which has traded @ a discount to nta of up to 30 % for what seems like years, has now invited a rogue LION into the pride "INDOPHIL " I would imagine Robin is none to pleased and would view it as an extremely opportunistic takeover offer . Perhaps a share buy back by LST might have been in order ( Shareholders definitely suggested it and I believe Fat Prophets wrote about it ) and could have narrowed the range and might have discouraged a very smart move by R . Laufmann and co. 100 % percent ownership of Cracow throws up some huge cashflow and politically diversifies IRN away from a sole Phillipines co . Throw in the 106 mill cash . Albidon , Sphere , Hav etc etc Will be fascinating to watch how it pans out and might get LST to put their foot on the accelarator .