Mike,CLO as you say already owns 33%, they also have 140m cash...

Mike,

CLO as you say already owns 33%, they also have 140m cash in the bank.

CLO MD: "We are continually assessing acquisition opportunities in the space of strengthening or increasing our capacity in engineering and/or project management capability," Mr Gallagher said. "If we see the right opportunity we'll be in a position where we can act."

I think I'll take some cheap CLO and hope for a Forge takeover. It seems incredibly logical. If it were to happen it would give CLO an order book of 3bn +

Thoughts?

Disclosure: no stock in either... YET :)