management buy out, page-8

Hi stud,

thanks for your thoughts.

So you think a T/O will be launched before we get the results re CLS ?

When I read his answer to my E-Mail I thought a takeover was on the cards for sure.

He mentioned " we are a target" and the takeover price " will have to be well above 40c".

Well, it's like he already knows that a Takeover is going to happen in the foreseeable future. I would load up 4 million shares as well if I knew that this was going to happen ;)

Well, my average entry is lower than 50c, so I would be happy with a T/O in that range.

Tho, if it doesnt happen, I would be happy to have Tony Sage sell CLS and SL for a decent profit and make us more money that way.


Cheers