the only reason COA havn't been taken over before is that some...

the only reason COA havn't been taken over before is that some parties did not have the cash fire power before!

its not a matter of if, but when COA gets taken over!

the arithmetics are NOW undeniable! and the COA board needs to quickly cum up to sapeed on this

lets deal with facts at hand the parties involved are:

1-THE CARLYLE GROUP(one of the largest private equity players in the world)
2-Mr Kerry STOKES a billionaire who owns CAT dealerships in WA,NSW,ACT AND NORTHERN CHINA via ACE P/L and is also a major shareholder in the now cashed up SEV network

3-throw into the mix MR Dale Elphinstone owner of WILLIAM ADAMS(CAT dealer in VIC and TAS) and who is also a sustantial shareholder in COA via ELPH P/L then you have potentially a (BILLION DOLLAR COMPANY)that's a force to be reckoned with in the equipment hire industry And would easily seem them all in the TOP 100.


jermaynew hit the nail on the head-'The biggest shareholder is annoyed at the boards last decision and is looking to sell its shares directly to the bidder at 6.4.

If this happens the bidder will send notices to all shareholders and by golly I will be getting rid of mine in a flash'.