Bill Beamont's words '' we didn't find pogo, pogo found us''. Before that NST must have had some prospective targets, of which DCN may have been one. Obviously a much more attractive proposition has arisen, but the fact remains that Dacian's attraction as a takeover target has increased as it's share price has fallen markedly and that takes care of your last point, DCN is no longer twice the price.
DCN Price at posting:
$2.25 Sentiment: Buy Disclosure: Held