RE: RE: Institutions OK, so 7.32% insiders plus 18% insitutional for 25%, so that means that they own 27% of the 84% independent. So, lets just say none of the institutions tenders, which is not likely true, that means of the remaining 73% of the 84%, 50% of the 73% would have to tender, a very high number. Try to follow that, it is not easy. So, it very well be tha institutional support is needed and they are demaninding a better price.