I see in recent press that Fortescue is considering moving into...

I see in recent press that Fortescue is considering moving into magnetite . Gina has hinted at this before also . With the recent rise in iron ore prices it's not hard to see the reasons for Angsteel's sudden interest in Gindalbie . As a long term investor my price is a lot higher than that offered .
If I recall correctly from previous posts it has always been a bone of contention that GBG management did not hold shares in GBG . If that is the case their support for the offer is no surprise .