a sure thing to get taken out soon enough after the anzon merger is complete imo.
co. founder has passed away.
the asset portfolio has been enhanced, nearly half of the production out of australia now.
the $A is cheap. acquirer will be using $US from oil production to grab it.
co. insiders/bidder related parties will have been able to grab a bootload of cheap stock. the incentive to sell will be significant.
seeing another takeover here
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