60 cents target in 6 months, page-25

"if , for arguments sake, there was a takeover bid at 25c, I don't think it would be that hard for the board to put forward a very compelling case for rejection."

The only case for them rejecting would be they would be removed from us shareholders' teats.

re a CR... I looked at the last couple to see how they do it.... they gift shares to mates and I see no offer to the retail holder. So, I am sure they can find a mate to stump up 15% (max allowed with no vote) - get 12 or 14 mill to keep for their salary pockets for a couple of years... I would guess 9 cents, then the 15% would get sold on market for 10 cents.... wins all around for management and mates... losses all around for the retail holder