kohler on cdu v rex v sandfire, page-34

""((Hey Buddy, could xmen [or for that matter anyone] realistically get 50%+1 for $150M - on market))""

4walls,

In my post, reference was made to when the sp was plummeting. NOT NOW. They could have just sat there and pick the fruits as they were falling off the tree.

During the big dump, and enforced exit of investors who used marging calling, stop losses, derivatives, and of course eccentuated by the panic selling, it could/would have been possible.
For, $150miilion dollars at the time would have allowed them to buy 50% plus 1 shares in CDU for well above the $2 mark. Especially when the shares went to those dreadfull $2 dollars levels, and even lower than that, that was on offer at the time.

By the way, they could have (if they wanted to, and it is normal practice to do it as well before a T/O takes place), given a good workover to the sp with more pressure selling, and easily reach that target.

The fact that they didn't, to me, it seems that they weren't at all interested, and possibly more conjectures.

Besides, you have to consider, that M&G (which you are making a mention of in your post), were not in calculation, and neither were on the scene at the time, where, MAYBE, they could have offered support.

I hope this will help.

Cheers,

Buddy