a transaction on the wind, page-6

I was wondering what Beach may be thinking at this point in time - prob a bid at 8c (ie 100%) up from here would get all the retailers out with a 'thank goodness' trade that gives away all the upside but can the get the main holders at the table? Unless it was an equity t/o I doubt that people who have waited patiently for 7yrs would want to sell now.

I would only consider an equity t/o but I don't have many.

(please note I am not saying there will be a bid - just that it could be tempting for someone at depressed prices - 2 weeks ago an 8c bid would never work but today . . . )