vic pet not to make take over, page-9

The funny thing is mljet said this was a blocking stake way back and he proved to be correct.

By announcing their intent when only at 15% they will buy the sellers tomorrow and promptly move to 19.9%

2 questions

1.Surely VPE is not trying to hold Eddie into his position in this fairway against his will, Why would they?

2. if VPE is currently buying at 8.2 what will they being looking to get as a fair return on their investment now they have averaged up.

OR its a srewd way to gain re-valuation on its oil assets....