It can only be a creep purchase, the announcement stated the...

It can only be a creep purchase, the announcement stated the shares had been bought by Westgold,

Legislation states that if an entity buys more then 20% of a company it must make a take over bid unless the purchase is less then an additional 3% of the company (AAG).

I explained all this in my first post under the thread title, to clear up any misunderstanding about the situation - which i first though would be a take over bid, and I'm sure a few others did too!

I think its more likely that its a defensive move by Cook (and his empire) to prevent a cheeky takeover by a big corporate group / fund.