Ann: RRL: Market Update - Discussions With Capricorn Metals Ltd, page-44

just throwing a thought into the ring, as there are a few here who would be far wiser than i in knowing how T/O's work.....
So, is there anything against say, RRL coming back with a bid, slightly higher, but, making it unconditional. That is, in an attempt to simply hit 50.1% and gain control. It may not even be necessary to reach that line, but i would think another bid would gain enough stock to get control and put HP on the back foot. At the moment, they seem to be controlling things from a 19% holding.
Any thoughts??.........i know sometimes, a lightning raid, after securing major parcels off market, are usually successful in cornering control, thwarting other bidders, but, whilst my knowledge and skills let me down here, i do know that T/O's arent always that simple, but, the corporate plays like this always draw me in for a spin