so why doesn't someone (you?) start doing that? drive the price up a bit with the backstop of the underlying asset value which is apparently far higher than current price indicates. If it was that simple, wouldn't a bidding war break out? any level of confidence in them not getting to 50% would mean that would be a good strategic move
from the looks of it though, they look to be increasing holding every single day and slowly but surely marching to the 50% mark
the bit i don't get is, if this is such a steal at 5.7c, why wasn't all these knowledgable people mopping up shares at 4-5c for the last 12 months and making a takeover impossible?
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