Takeover Speculation

Become more and more likely, some serious SP moves and discussion about the prospects of a takeover. Even if it doesn't eventuate, the future for this company looks mighty rosey..., any thoughts out there on a T/O value?

...."The next likely ASX takeover Shevelev named Eclipx Group Ltd (ASX: ECX) as another company with huge potential for a buyout. It plays in the car fleet management industry where economies of scale are “very dramatic”. “So if you had an acquisition of this business by one of the other two players… the synergies across that group would be very significant,” he said. “That’s coupled with a restriction on the number of deals that can be done here because the industry is getting quite consolidated after a period of mopping up of smaller players.” Johnson agreed that Eclipx is “a good example”. “I think the economic rationale for it in that sector is very significant.”"