umm small problem if as you say the 5 million shares sold by the...

umm small problem if as you say the 5 million shares sold by the directors were all bought up by this american company in preparation for a takeover that would mean they've acquired 10% of ETC's outstanding capital ... and have conveniently broken the law by not lodging a substantial shareholder notice which would have been required as soon as they bought 5% of more of etc shares ... if they were going to ignore our market rules heck they may as well have just bought even more shares on market until they have like 50% before announcing their takeover bid!!