interesting Im going to have a good read of all this but my...

interesting Im going to have a good read of all this but my initial thoughts are they still picked up 10M shares which equates to 5% of the issued equity which is more than the 3% rule, but theres a subclause which means that if you were diluted then the 3% applies to your maximum holdings level within that said 6month period?


Well if this if is correct it is interesting that they have waited until the last possible minute to do it under the 6month creep rule 22nd Feb to 21st August, stalling as long as they could before showing their hand?

To me it really is a matter of when not if Bushveld takeover LMR there is no other plausible explanation for them wanting to buy another 5% of the company at a hefty premium to the vwap

and the sellers arent dumb as they have specifically included that clause that says they will get the higher price of the takeover in the event of a takeover