Why the GXY share price should rise tomorrow, page-284

I just can't help but think that the numbers are being run over GXY as I type this post. Just have a look at the position of some of the potential "predators" like FMG.
Consider this:
* FMG is at 3-year highs at around A$7.70/share
* FMG has US$1.1b cash in the bank as at 31 March 19 (net debt of US$2.9b)
* FMG generates circa US$6b p.a. of free cash flow
* FMG could offer a 2 for 1 scrip offer valuing GXY at circa A$3.85 per share (A$1.57b) and not even register a blip on their cash or debt position
* FMG could issue 203.77m shares to GXY holder which would represent 6.6% of their current issued capital and bolt on a growth business to their IO business without breaking stride
* FMG would have access to A$400m cash within GXY, so the true cost to FMG would be A$1.1b in "paper money".

I am saying: it is not a case of "if", but "when"?

These opportunities don't come around too often and FMG is not one to let too many opportunities pass them by.