crises times, page-34

My view was pure speculation. We are in a global stock market melt down and if a bidder made a move at $2.00 how many would bolt for the door? Quite a few in these dark days - probably today the same at $1.50. More at $3.00 - even if they realised that the long term potential was two or even five times this price (see Ocean's latest report). What would/will TXH do? No idea but I bet $3.00 on the table would be given some serious thought. Will it happen? Probably not as Rio/BHP have much bigger issues to deal with - rather than a $200m minnow issue. So an opportunistic bid is a danger rather than likely imo. A MGS deal is much more probable - hopefully as well but I doubt the two big players will be in any rush - they have a tough negotiating period coming up with China which is more than likely to take all their attention.