RE:RE:RE:RE:RE:RE:RE:RE:RE:ESESure, % could go up to the 12.5% allowed. Personally, I wouldn't want it past the 10% threshold since afterwards you are getting into "ownership creep" which can be a prelude to a soft takeover on terms favourable to the suitor. But I digress....... not much difference between 10 & 12%.
The 12% needs to be the line in the sand though. No more kicking the can down the road. If market sentiment is still not where we need it by next year, then RIO will have to "force" the issue if need be and start aggressively buying in the open market to a point where it becomes blatantly obvious to all we are on the cusp of a buyout announcement. That will take care of anyone concerned that RIO is acquiescing to a "overpriced" buyout figure. If Paul and the BoD were comfy with a lowball buyout figure none of us would be here on the board anymore since the company would've already been acquired.