landbridge's tactics and their way forward. , page-2

The bidders statement shows LB has CNY772.3million in the bank at exchange 1 to 5.7925 = A$133.325million plus ICBC bid funding commitment letter of A$98million for total available funds of say A$231.325million which would leave them with nil leftover.
Bidders statement says $98million loan could be 50% of funds available. On that basis LBEA runs out of puff at -44cents. In a bidding war would they go past this for less than 100%? Do the funds available include the 19.99% already held? If you accept with LB and they hit their limit then that would be the maximum you would get?

Westside has on my figures 445,102,941 shares plus some options. My average for EIT is .3804 per share and their holding is or was 53,157,022 of which 50,467,138 has been sold.
Of course I could be wrong so what do others think.
good luck to all