hi. Yes, i did consider that possibility, but that did not appear likely by the course of sales I can see.
BTW I dont hold any YTL.
And as you can see from the announcement, they are actually in negotiations with Scotts for the sale of garden and lawn operations in Aust & NZ and no deal has been struck. Nevertheless, it is not a takeover.
My observations have been that in takeovers, there can be a case where the bidder takes a large parcel just prior to making an announcement (as you note). Usually its 19.99%. And in those cases its unsolicited takeovers. But usually there is a large line going through the market, rather than smaller trades as i noticed in YTL.
