another takeover offer, page-4

Wow... 12k an acre....

Thats ridiculous...AZZ have 32,500 acres with nearly 300 million shares....


RFE have 140,000 acres... and about 140 million in shares...

Am I missing something here????

Anyone care to take a punt on what RFE's land is worth???

If RFE was offered $12,000 an acre we would be worth $12 a share...

Our current share price (58 cents) values our land at about $580 an acre...

IMO any offer over $2,000 an acre would be outstanding news!!! Not inconcievable IMO...