reports of tty increasing offer

Finally, someone is offering all scrip alternative. I want to retain maximum Mn exposure.

http://www.smh.com.au/news/business/territory-ups-cash-offer-for-consmin/2007/07/02/1183351125676.html

It is understood Territory - headed by former ConsMin boss Michael Kiernan - was last night poised to make a new proposal to offer $2 a share plus one Territory share, or an all-scrip alternative of three Territory shares for each ConsMin share. Its previous proposal of $1.50 a share plus 1.5 Territory shares was rejected by the ConsMin board on Friday. Both proposals are subject to a short due diligence period.