Ann: INTECQ LIFTS NET PROFIT BEFORE TAX 42 PER CENT FOR FY16-ITQ.AX, page-6

veecat are you sure about that PE? I thought it was more like 10/11.

I've not given up on another bid but you might be right re other suitors being scared off by TAH and their likely capacity to pay higher. If there is no other bid then our board has done a poor job of extracting the best price for shareholders, which is weird because takeovers is normally one area where boards do a reasonable job of gouging out the best offer possible.