Made lots of $ on this one 3 years ago. Back in sub 15c to make some more.
Sellers pulling orders. This company is now debt free on a net basis after property sales.
It is now controlled by Hunter Hall and 2 of it's major asian suppliers with over 50% of the shares combined.
The indonesian major supplied purchased 20% at about 28c a share, takeover offer at 32c was knocked back. This has a lot of appeal on many aspects including corporate play, cyclical play, strong revenue base, largest player in Australia, nil debt etc etc.
Current share price is a steal just like last time 3 years ago.
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