There is no takeover so it's legally permissible for RG to make a bid whenever he so wishes. He won't have to extend it to people who have sold out now or in the previous offer. Whatever RG buys now, he will save in future costs and he's certainly getting a very cheap price for the stock as he would be well aware. For all of RGs flaws, he knows the business inside and out and no doubt wants to own it entirely in the near future.
He likely won't change his mind on delisting.
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