LNG macro analysis, page-2406

You make a good point about why they are not mopping up shares.

That is very hard to understand.

Anyway I have set my course and we will see. In the end I still think the offer will go through in the absence of a better proposal. The risk in my view is the 90% acceptances. However I think when the choice is VA or accept they will get the 90%

Your point does cause a twinge of fear...