tata steel goes to over 19 percent today.., page-2

Nice to see Tata buying but it's a bit of a potential disaster as far as I'm concerned. They've gone to 19.4% so could only buy about another 1 million shares. They also have reinforced their position to make the company takeover proof and the project is of such a size that anyone big enough would have wanted to possibly own the lot.
On the flip side the only possible sellers are Talbot and Passport. It can't be Mittal as they already sold out a few months ago. Both Passport and Talbot Group would have over 20 million (Passport) and over 30 million (Talbot) shares left and it's unlikely they would stop there. Talbot's camp are apparently extremely miffed and have been pouring scorn on management for some time but I didn't expect them to sell out. We should know within three days who it is but if it is Talbot Group it could be a bad sign for the share price short term. On the other hand it could allow a large player to come on board in one hit.