take over bid, page-15

Hypothetically... if someone offered me $A6.00 tomorrow 23 March 2011, I would accept.

The reasons are:
1. I have only recently bought in. Tripling inside a month would be a great return.
2. The recent dip caused me to review my portfolio. Over 80% is in smallcaps with major portion of operations in Africa, with almost 60% in Congo, DRC, Zambia and Guinea. I need to balance the geographic and sovereign risks associated with developing countries.

The ELM business case is compelling, but not without risk. "A bird in the hand..." etc.

The reason why smallcaps are the major value in my portfolio is their share prices grow so quickly. And that's another point for accepting the hypothetical offer - there are numerous opportunities in the market right now.