Is someone trying to initiate a corporate move on MRX? It is...

Is someone trying to initiate a corporate move on MRX? It is possible Xstrata may have takeover offer in its mind. MRX is cash positive (over 7mill on hand), production company, excellent tenements in Queensland) and a huge expansion possibility. Any thoughts?

Since there are 807,534,380 shares (including Major shareholders), there is low liquidity of shares and MRE sp might be artificially pulled down to accumulate by interested party (DYOR)
:
Substantial Shareholders List
Date of Change Shareholder Name Shareholding % Shares Held
25/09/2007 Independence Group NL 124,135,154 17.68
14/03/2008 LinQ Group 40,506,717 5.02
19/12/2007 Glencore International AG 45,476,687 5.63

NJ