With another steel Co/ interested,I believe BHP will take a position rather quickly, and not a small one at that.
I think they would be happy just to buy enough to secure their interest and be in a position to look to a controlling interest.
I am sure they must be very impressed (as I am) with the present management and would want it to continue. I do not see a takeover as it would not be to their advantage. Once they do take a position then we can be sure of a significant sp rise.
Of couse this is only my opinion and anyone who believes anything I say is a fool. Don't forget the day after tomorrow is April Fools Day LOL
By the way ,the weather in NZ is wet at the moment
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