@g41: I get what you are saying! They have gone in a few...

@g41:

I get what you are saying! They have gone in a few directions recently..

However with that said, further to SteveSage's comments, I would add:

1. Maxine (or anyone else senior in VTG) can't trade in VTG financial instruments at this point in time because a) its outside of the window, and b) she would be in possession of insider information (relating to what TLS has offered or is proposing).

So no matter how compelling the situation is, Maxine won't be out there "buying shares on market" as it would be a gross violation of not only VTG's clearly articulated share trading policy, but also the insider trading rules in the Corporations Act...


2. Maxine now only holds 18% of the company.. no longer the strangle hold that it was a few years ago...

3. I'd consider it highly unlikely that Maxine and her team would drop $200M into some new "punt" off the cuff.. I would say that a much more likely scenario is a considerable return of capital one way or another, (to take advantage of their substantial franking credit balance: circa $70M if I recall correctly), and then a focus on expanding SHAW.. For example, if they threw a mere $50M at the SHAW business, they would have a business similar in scale to SLA...