here we go. what wil wilmar do?

This is an interesting change. No PE rather a true trade buyer. But only having 10% isn't going to make this a takeover.

Keep in mind there is still probably PE players sniffing around the edges and someone like Bright Foods (the Chinese buyer of Mannassen) could also want to join the party.

I suspect that commodity prices (wheat etc..) will play into the potential of GF's going forward as well as some potential synergies with the CSR business that they bought recently.

The SP will move up to at least $0.60 however it may trade a little higher with speculators hoping for a higher bid to take the group out.

There is still alot of water to pass under this bridge.