article from the insider, page-3

perhaps they didnt trust thx for some reason ?

in any case thx will benefit if its a good bid. and will rocket on the back of $25-30m windfall. amazed thx hasnt gone for more of a run ... because upside could be huge and dilution now no threat to shareholders ...

thx could also help us along if the bid is no good, dig their heels in and galvanise punters to hold out for a better bid.

pigs and all that. lol