today's west australian, page-15

If they are going to make another counter offer, i agree that it is looking more likely to be in the range of 60-70cents...

As i have said before from the beginning management seem to be open to a takeover only the offer price was an issue...Also management hold a lot of shares so they will benefit...

If they offer 60cents then this would be a 60% premium on the closing price of 15july and 70cents would be 87% premium