Ann: Metallica further strengthens cash position , page-11

re: Ann: MLM: Metallica further strengthens c... alph,

I thought a shareholder couldn't go over 20% unless launching a takeover? They can only increase I believe something like 3% every 6 months if they want to go over 20%.

Anyway I would think we are talking at least $200 million takeover value (approx $1 per share) and quite a few boxes still need to be ticked before any really offer would come our way.

So I think your thought is not silly, just very optimistic.