Ann: Desert Lion receives Shareholder Support for Lepidico merger, page-18

Points for creativity there L2B1, but sadly no.

A company can't own shares in itself. Snake eating it's own tail. I believe the result of that series of transactions would be that LPD cancelled the DLI shares it owned and wouldn't issue new ones to replace.

So the company would end up with less cash in the bank, but less shares on issue.

I don't like this solution at all. It would be very messy.

58% of shareholders supporting the deal, plus the board, means this is pretty much done. Retail shareholders typically vote with the board (if they bother to vote at all). I would be absolutely stunned if the deal couldn't get over the line from here (unless someone else makes an offer).

58% before the meeting even happens is extraordinary. Great diligent approach by the team.

Cheers