I agree totally with your comments speculator.
AUT has to come in with a low ball.
What will be interesting is whether some of of the large EKA shareholders are also AUT large shareholders.
They will want to make a profit on their EKA, but not to adversely affect their holding in AUT.
It would be interesting to compare large shareholders in the two companies. Anyone who knows the value of AUT and holds a lot of shares, you would assume also owns a lot of EKA.
I think the large shareholders will eventually determine the takeover price.
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