If DLS increase their offer in order to counter SXY. DLS have to...

If DLS increase their offer in order to counter SXY. DLS have to announce their offer to the market and SXY or a third party for that matter can come in over them again. SXY do not have to announce an offer until they reach the required threshold but we should see a stream of significant shareholder updates.
DLS is partly funding their effort with a facility from CBA will CBA be prepared to cough up more My guess is yes but it is a reasonable question. If CBA do not cough up more we could see a part script offer