trading at under 4xebit

Forward PE under 5.
Thw West Australian reported of possible takeover offers but there was no market interest.
Major shareholder and institutions hold 80+% of the stock. And- who wants to tie up there money for six months or so !! Well, now the accountants and lawyers have been looking over the books for a few months.
Investor Presentation released today.
What I like is the bit that says....
"A decision before calender 2005."