All i said is that it was just a thought i didnt analyze.Im not an expert but its my belief that when a holder has more than 19 or 20% a takeover has to be made.It seems that there are not to many experts here posters seem to go with what is happening on a daily bases ,no one predicted the sp would be back down to 13.5cps when it was 21.5cps .And for the record have been with red quite a few yrs have bought and sold i own quite a few shares and its all in profit.And as some posters have been saying 40cps no broker has forcast this or has someone analyzed it.
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