defensive/offensive takeover strategy

I can't remember the last time (if ever) I read a broker report highlighting the real possibility of takeover in a junior oiler.

On first read my perception was the report is aiming to provide t/o protection by getting the sp up over a dollar. But its also possible to read into it that they are making it obvious they are a rather good takeover target but at a much higher price than today.

Either way they will have put $1.20 in the mind of shareholders as "fair" value in the event a t/o happened in the near future.

I wonder if Neon has actually heard some whispers fromm possible suitors.