the opposite holds true too, you'd only have to convince 1 or...

the opposite holds true too, you'd only have to convince 1 or two of them to then get approval. Agreed a hostile takeover would be impossible.

I don't think its likely, but it just keeps playing in my mind, that these lads are basically sitting on a billion dollars about to be approved. If one of the big boys (RIO, BHP etc.) could sneeze up 50 million they could take the whole lot and the rest is bank for them. just a thought. I had a sugar farm taken over once... I was super pissed as I had long term growth aspirations for it. Alas, the Malaysians had much much much bigger wallets.

If there ever was a soft target for a TO it would be ANW at the moment.... but you're all probably right. very unlikely.