The difference is that FMG has shut up about take over rumours and let those rumours run. This has resulted in a strong share price performance.
Flanagan has constantly been talking about how tough they will be about anyone taking over the company. Thus any company interested in a friendly takeover would have been dissuaded from even trying.
Pretty stupid stuff when the best weapon against a takeover is a healthy share price that reflects present, future value and takeover potential.
AGO Price at posting:
$3.10 Sentiment: Buy Disclosure: Held