I remember the RHL deal well. As a shareholder at the time, the...

I remember the RHL deal well. As a shareholder at the time, the price rise was exactly what I wanted to happen, so cashed in a tidy profit and moved on. I could see a similar situation evolving here ELD. If we see a $2.4B hypothetical price tag (which isn't massive is real terms, maybe in agribiz TO deals), the scrutiny by the FIRB and other entities might not be worth it. Graincorp's few TO failed attempts over the last few years are comparable examples to illustrate your point.
I don't own ELD for its TO potential, but it should be acknowledged and considered as a possibility of occurring. Strategic, well managed and market leading AU companies are highly sought after. ELD fits the profile. Anyways, it was just a hypothetical.
Weather has been favourable for a significant period of time now, so should see this positive impact in their numbers. What are your thoughts and expectations for the next 12mo?
Cheers