we shall not be moved, page-5

I'm surprised that 89% (less shares allocated to BCX) sold out @55c. I suppose they would have been buying on market as well, considering how the volume has dropped off.

Interesting that no movement >90% to force full TO.

Ideal situation they offload 500mil shares as part of the HK float, still leaves them >50%. Issue price of 85c, they'd get their $150m cash back and still maintain control.

Be higher than a 75c party then, could be wishful thinking on my part :)