""(A problem for Mac Bank in their TO tactics is that by selling...

""(A problem for Mac Bank in their TO tactics is that by selling down their stake they limit their ability to execute an unconventional TO, ie buy more, use the creep provisions in the ASX rules, eventually spill the board and at 90% compulsorily acquire the last 10 per cent. )""

The point, and the reality of it all, is as to who they are selling to while doing it and forcing the share prices down. For what we know it could very well be some of their friendlies buying them whereby they will support them at some stage or another when the time will come to do what they are planning to do.

In the meantime out BOD are doing nothing while this is happening and our MD is playing his harp while Rome is burning to the ground.

And here we had not so long ago we had him querying as to why there were a few small trades of a few shares at a time saying that he didn't know why it was happening and that some of the regulators should spend time looking into it.

Someone must have a very very very extremely extremely extremely short memory. I wonder why.

Perhaps the method in someone's madness could be the main reason behind it all.

Dyor!!!!!