the takeovers panel process had shed some interesting light however ..... such as who underwrote the options .... surprise surprise it was Leo and his mates who just happened to be involved in another transaction with them around the same time. gets back to my original point of sp manipulation to manufacture an outcome that benfefitted ONE shareholder (and his mates) - not ALL shareholders.
Furthermore, i see exchange minerals gets a mention .... another name connected to range resources, leo, landau and the smoke and mirrors they bring to the table.
a question .... why was no substantial holder form lodged by leo ? he owned more than 5% of the company didn't he? or am i reading wrong? (leaving out the who actually owned the shares bit for a minute). I would also guess he traded the shares which means notices for each change in holding would have been required. no?
seems to me there are more questions than answers.
BPO Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held