locking up esg scrip, page-25

Yes Hardmano, thye can apply teh creeping up provision if they wish so. But they would still have to notify the market everytime they increase their holding by 1%. That, to me, would start to open someone's eyes and start to sit up and take notice while it would start ringing the alarm bells.

On the other hand, if they were to continue in the same practice they employed before, it would be all hush hush until their next announcement become due.

At the same time, who knows if they are not already working on it, by having an affiliate of their own or some instos doing the buying. If they decide to do that in order to make the move, all they would have to do, is announcing that they will make the move, and then saying that they already hold 50% plus one share of the total ESG shares with the help of someone else that agreed to let them have their % holding of the company.

I have seen that happen many times before.

A very scary thought, but all possible though.

Buddy