There is a lot of upside in CII, I don't think current...

There is a lot of upside in CII, I don't think current management would be interested in an offer as they have just wrapped the takeover of Phosphate Corporation and the benefits are yet to be flow to profits.

The move to buy a site in Malaysia and set up a fertilizer distribution business is a smart move as the competitors are buying in phosphate rock and processing , CII have immediate access to the starting material. CII should be competitive with their phosphates as it is reported high quality. The Australian mined phosphate have a high level of impurities and need considerable processing.

CII have the ability to pay a reasonable interim and final dividend and management have indicate this is the plan.

It is a tightly held stock as seen by the market price in recent days more buyers than sellers. in recent days.

The price of fertilizers will increase with strong demand in Asia.