http://www.copyright link/markets/c...en-to-offer-above-2-per-share-20170407-gvftjr
Regal chief investment officer Philip King warned off any suitor seeking to take over the company on the cheap."I thought at the time [in 2012] they were going to take it privately too cheaply and we have the same concern now," he told The Australian Financial Review. "We would consider a takeover offer, but it would have to be in excess of $2.
That didn't age well.