If any offer was based on the monthly lows, who in their right...

If any offer was based on the monthly lows, who in their right mind would accept. Any takeover to be tempting to buyers must be at an attractive price otherwise it will be unacceptable.Any price based on current lows has little chance of success IMHO.

I do not follow the view of some posters that the current low price is all about manipulatiom to aid a possible buyout.

Tony Sage has previously mentioned that he has loyal holders to prevent such action particularly at prices as low as the current market.

I do however share the frustration of the current shareprice but that is the markat in Australia today.

I went walking yesterday looking for a $50 note on the ground but no such luck. I'll just have to stick with CFE.

Cheers John