In their release last night, they stated they would look at...

In their release last night, they stated they would look at potential whole of company takeover of OZL.

This may/may not be a good strategy.

Say a company puts in an ambit bid of say $1 a share, i am sure others would look and think thats cheap and up the bid.

So it could flush out potential suiters etc.

If this does occur, what value for the whole company???
They would have to lookat a medium horizon and this would be a once in a lifetime purchase, that could set another company up.

It would have to be inmo $2 minimum per share, even in this depressed stae.
Thoughts appreciated