might be BPT buying more before it gets to 19.9% threshold.
BPT must not yet be even a SUb s/h, even with 14.5m shares subscription.
it won't get to 19.9% level until s/h meeting, so does not have any title to those shares yet.
so maybe Beach is buying in at 14.5c, because its a heck of a lot cheaper.
open, page-40
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