Pretty much what Flight Time has said, I doubt that it is...

Pretty much what Flight Time has said, I doubt that it is becoming any more of a blocking stake which they will steadily increase on. A TO is a formality in time and I think before we get past the 30c mark, that would get them at a bid of around 50c tops. If they can get to over 10% by then I doubt there would be a bidding war, just my thoughts. Of course if another suitor were to take up a big holding then it will be game on. Still think that Bray is the key.