Ad & Pet Brainstrusts,
You guys are doing a great job. Thanks. Just wondering - lazily - as usual - if there are any legal restrictions on LGold ALSO purchasing on market, while all this is going on. Forget for the moment whether they have sufficient cash.
I mean they could use 3rd parties to start mopping up for them, if they saw fit. They would delay that act as long as possible, so as not to drive the SBL market price up. Not sure where I'm going here, but if they know that the Sing price for LG is going to maintain or increase from this present level, then they could think that to buy on market at higher than 2c would be a cheaper option than perhaps having to swap 34 SBL shares for one LG that has since increased in value...
The hypothetical probably works in reverse with SBL Offer takers saying, Yeah, we've thought LG might go up in value & return us more than 2c...
If they started buying on market, it would quickly show up in Subst S/H statements.
All just my wobbly thoughts, dependant on whethher they extend or not.
Cheers, Japes
Ad & Pet Brainstrusts,You guys are doing a great job. Thanks....
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