takeover !!, page-2

Certainly if you look at substantial shareholder notices since January this year it would indicated the stock is in play. Guiness Peat Group have been accummulating regularly and now own 18.75% of the company. MYOB bought 12.74% of the company and Challenger Financial Services Group increased their stake two weeks ago to 7.86%.

With cash in bank at $43 million and asset sales bringing in another $17 million shortly the company looks very healthy. Revenue and profits have improved dramatically. Debt to equity ratio is a misely 3.1%.