Step aside Gus, page-53

I wrote this paragrpah incorrectly (the idea was right)

"Assume the T20 don't play ball at a low ball take over (why would they), then you need to take up 20% of the 35% of liquid stock on the ASX, that is 57% of ALL the available liquid stock on the ASX out side the T20. That in itself would play havoc on the supply demand & subsequent Vwap."

The number of shares on market is say 176m so 20 %= 35.2m need to be held by an entity (Gav or Tinku here's a challenge for you
--FWIW I'd vote for you on a spill

On ASX (outside the T20) is 35% of the 176m (ie 65% held by T20 + or -) = 61.6M on free float on ASX

So it the T20 don't sell, the acquirer needs to get 35.2M of the 61.6M available = 57%.....as a rough calc.

Take 57% of the market away, how does that impact of the supply/demand...if no/less sellers & there are shooting for 20% of the Co price will go up....Vwap goes up... Tick one hurdle re 20% acquisition

..Now the big one how to get to the compulsory target number if T20 (white knights) are solid?

Could be an expensive exercise - could however see parties taking a position up to a level if that suits their purpose.
ie Utilities as Gus eluded to in prior announcements taking up a strategic position & share of supply.