be prepared--scouts motto, page-90

why does takeover talk keep rearing its head?

I thought this was dealt with a while ago with 2 salient facts:
1. Xstrata is not listed in ASX
2. combined holdings of ADO management and sympathetic parties would exceed 10% sufficient to resist hostile takeover. So the only takeover possible would be a friendly one.

Clearly AOH has been protected so far from other ASX listed parties by the Xstrata option hanging around like a dark cloud, but once that is gone, I would think factor 2 would continue to protect.

let me know if I've got any of this wrong. It's late and things can get a bit sketchy at this hour.

DV