takeover comming?, page-9

Can't argue with anything you say Moorookamick.

From day one, I have argued in favour of getting cash flow positive before going out on other expeditions. I think we would be more the $1.50 now if management stayed focused. And I am not trying to defend management's decisions.

I suppose I am simply saying that given the poor decisions made in the past, as well as possible constraints of doing business in China in a government controlled sector, we are now in a pretty good place going forward (still annoyed I am sitting on large % loss).

I am also reassured that if any takeover comes, it will be on-market rather than through the administration process.

If I had been smarter, I would have waited until now before buying.