what is the attraction here????

Could someone briefly bring me up to speed on LOK.

I used to follow this stock years ago. What happened with Evan Thornley?There has obviously been a massive consolidation in the shares on issue on the aussie market....i remember when this was trading around $1 then down to around 4c and then went to 30c odd...

Obviously inferior to Google and Sensis so are holders hoping for a takeover?