mentioned as a t/o target, page-3

The current share price is a concern in terms of potential takeover activity. why would a suitor wait to start the proceedings when the share price is at say $5 and they have to pay a premium say 50% to get to $7.50 which may or may not get board approval - when you could launch a takeover when the price is around $3.40 and even with say a 50% premium the price would get to $5.10. Doesnt make sense to me, if someone is going to emerge I reckon its probably going to be sooner rather than later. Of course this is all speculation. I am no expert and no one should take my posts as investment advice. Im a long term holder and hoping there is no bid before at this stage.