Charlie all depends how quickly M & G want to get to 19.9% - the...

Charlie all depends how quickly M & G want to get to 19.9% - the post JORC high was 17/12/10 that was when M & G stopped buying on market. - They were not active on markets buyers again until a year later buying up in Q4 2011 -Then they got the 8m at $4 early this year.

They got the gift stock 10m at $2 then bought 10m on market chasing the price all the way up to $4.72

On my math even though they all the largest holder with 17% thier average purchase price is below the $3.60 NAAIL paid.

Hoot