Ann: Second Supplementary Bidders Statement , page-8

well L/B was quick to highlight their criticism of the WCL Target Statement, referring to some points as allegedly misleading shareholders.

Please feel free to correct me here, but a quick look at their 2nd Supp Bidders Statement appears that they have made some obvious errors:

1. Second last para in Point 4 page 10 of 13 L/B says:
“......this offer will be necessarily disadvantaged if Westside pursues control......”

Is that a mistake?

Do they really mean “..... if Landbridge pursues control....”

2. page 11 of 13 they refer to the acceptance of directors and EIT.
They claim that 3 s/h sold to L/B in order for L/B to achieve its 19.9%. It says 2 former directors and the second largest s/h (EIT) sold to L/B.

But it was not just those 3 entities who sold, it was also the Skermans holdings and those of Resource & Land Mgt entities.

Am not sure what the ramifications are of the above.
Probably none.

L/B - you can have my shares for $1.00 even.

cheers