AFR

Explains today's positive price actions...

http://www.copyright link/street-talk/all-eyes-on-bradkens-boardroom-20151018-gkcbke

The scuttlebutt from the heavy industry set just keeps on coming.
Bradken is still in the doghouse when it comes to its share price at $1.05, with the company not having had anything resembling a bounce in the past few weeks as the broader sharemarket experienced some upward movement.
Sources reckon that Nick Greiner's departure from the chairman's spot may not have been entirely voluntary. Others believe CHAMP Private Equity may return for a second bite as a hostile bidder, arm-in-arm with Chile's Sigdo Koppers.
But would they at this point in the mining cycle? Brian Hodges is battling on manfully at the helm trying to make the best of a bad situation and it's indeed ironic that his departure announced in June, but which hasn't physically happened yet, was also not entirely voluntary.


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