I think for the right price the big holders would sell. There's...

I think for the right price the big holders would sell. There's also something attractive about selling, taking a hefty profit, then opening up a small private craft venture and enjoying their trade without the hassle and stress of running an ASX-listed business...

I have no idea if a takeover is coming or not, but GDA would be a sizeable investment for a buyer... but one that buys you market share. If you want market share, do you build it through buying lots of little brands and cobbling them together? Or just take the biggest slice left - which is GDA? With the business into cash generation mode now, it wouldn't surprise me one bit, because a lot of the heavy lifting is now done.