Ladies and gentsLong time reader, first time poster.47m...

Ladies and gents

Long time reader, first time poster.

47m currently on the bid above the offer price. It aint DLS. furthermore all action to date has been above offer.

I expect somebody is taking the opportunity to exploit the DLS position. While it isn't inconceivable that another player could catch 19.99% before DLS can decide whether to increase their offer, it is almost irrefutable that somebody is accumulating a 10% block stake. Could it be Republic playing funny buggers?

If I were DLS this would all be making me rather nervous - they are highly unlikely to get to the 90% threshold now, and only a few days away from an announcement of the other mystery player/s that will make it tough to get to 50%.

I'm holding and will continue to do so.