Keeps share price down.
Gives people in the know last opportunity to buy and increase % holding in the company (read Directors and friends of Directors) to see takeover through.
Keeps price right for accumulation and share buy back.
Keeps price under 90 cents for takeover offer - I heard through 4 degrees of separation that Galbally wants to see it.
All speculation of course, but makes sense to me.
Phil
last buying opps, page-6
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