$1 party will never happen?

I don’t think the $1 party is ever going to happen. I used to think that CVN was a huge takeover target but not anymore further dilution in terms of capital railings will definitely see to that. Although the market cap my increase overtime I don’t think it will be due to massive increases in the share price.
At today’s close of 42 cents if someone wanted to take CVN out a bid below 70 cents would get the lot imho. I remember when our MD was supposedly bandying around 80 cents as a possible target price as mentioned by one poster in a private discussion. Just don’t see it any longer anymore. No one appears to be interested for one reason or another. We may even be lucky to ever see 60 cents again. Like seriously what is going to get this thing back and over 60 cents again.