Ann: InvoCare Receives Unsolicited NBIO from TPG, page-25

Institutions moving in building stakes.

This suggests either there will be more of a battle in this space or they have worked the numbers and see enough of a profit over a few months buying low $12's and selling at takeover price? Perhaps hoping for a fully franked div. to use the balance of the IVC franking credits to ice the cake?

I decided to sell my small holding, take a small margin and move on. Good luck to all holders.