The only T/O offer could come from Ansteel. Do you think Chinese...

The only T/O offer could come from Ansteel. Do you think Chinese investment in Australia is short term or long term?

Current fluctuations in our mining stocks have provided magnificent opportunities for T/O and imho for GBG, Ansteel is the only one and no one else. From the beginning, they had that intension and in one stage in 2008, they wanted the whole lot for around $2.00. Now they can have it for a fractional price of $0.80 or who knows may be even less. Just look at how the Chinese authorities trying to knock down the t/o price of SDL. I think MGX might be looking at perhaps FMS. Its SP jumped as well the other day.

Obviously, we are just speculating and perhaps, soon GBG would announce their FOREX shortfall coverings.