Banter and general comments, page-15490

think we are in prime TO postion
our new CEO is ex RIO
we are totally undervalued re revenue
we have huge growth upside, we have other assets, which would appeal to RIO too. they have the workforce to develop those. BHP did the same TO some long time and went hugely into depth prior to resource boom, it paid off for them, although theywere heavy leavaged with debt it did not look good, but they seem to have had the vision to what was to come, i wonder what vision they have with world issues at present.

RIO might have to pay a bit more premium with Tesla announcement due. TO would be poorly timed, but with huge upside with revenue to come 3billion TO would still be cheap, and easily managed.
RAS could be in the mix, if we don't get it first..
annoucement CXO "inorganic growth" means TO, of others or merger which i think is more likley than cash. ie 10 of their share for 1 or ours, with maybe a bit of cash to go with that.
takeover fair price is 3.50, but $2.8- $3should do it.
other TO targets have debt and maybe better tax rightoffs.
but we should also have tax lossed carried forward to rightoff against and TO pricing.