A Takeover for the moment is not on Cokal's radar (unless an amazing price is offered). BMA may well do a low ball bid, good on em'. It won't get through, all it would do is encourage Aahana, Domain and even an outside chance of LG group putting a competitive bid or appealing offer of cooperation on the table. Plus a low ball offer will get others interested that aren't part of the current consortium of excited partners. Too many fingers trying to get in the pie.
In addition, Domenic and the other major holders will not budge on a low ball bid (other than Platinum). From what I also understand a huge majority need to accept - someone verify please but I thought it was around 80% acceptance amongst holders... So relax, we won't get a low ball takeover bid... And if we did it would only rocket the price up, fail as a bid and get other parties interested.
