Re GRR. The only mob that can take it over is their major shareholder. They currently own arround 750mil of say 1.2bil shares on offer. They have been acquiring of late that you can draw your own inferences from. Outside that, impossible for a widespread of others to grab it.
For the record, I am acquiring every time I hear they are. After all, when you hold such a large quant Why buy more?
Cash and stocks of io are strong. As 3500 says, they have enough fat to survive the long winter and they also have already had the carve up in price to go with the industry sentiment. Little downside now IMO and massive upside
