Why did you think Penn group didn't buy shares? 16,500,000...

Why did you think Penn group didn't buy shares?

16,500,000 shares acquired equivalent to 6.27% stakes

10,372,549 share accumulated for the last 4 months at $3.74 ($34,996,980 / 10,372,549 shares)

6,127,451 option units converted (16,500,000 - 10,372,549) at the market price.

Total of 16,500,000 (10,372,549 + 6,127,451)

Simple math but the market was still unclear about it?

TAB and Sportbet account for nearly 80% market share in Australia but they don't have any international exposure.

The only way to get into the Australian betting ring is to invest or acquire in Phb.
Shouls Phb acquire the Lott, Sportbet or TAB in order to satisfy the international incumbent gaming industry.