Ann: DLS: Notice of Variation - Extension of Offer Period, page-42

Significant volume going through at 35 cents, well above both Magnum's and Drillsearch offers.

Someone is confident that the offers will be raised.

A technical question: can Magnum buy on market only up to the price implied on the day the takeover was announced, or to the level implied by the current Magnum shareprice?

Someone is buying, just trying to figure out if its the obvious candidate.