Nothing wrong with a lowball offer but Eric & others hold too...

Nothing wrong with a lowball offer but Eric & others hold too many shares.To begin with didn't Coogee buy in at 75c about 2 years ago.
Certainly your points are accurate & management has done nothing to assist the SP for a long time.
I agree that any farm in would involve MCorp selling down as well BUT I think its more likely that a farm in based on 28c could succeed. We'd never get a CRaising done at 28c so a farm in at 28c sounds tempting.
The good thing about Twiggy's interest is that he'll go for us eventually -why bother being in the Canning without being into BRU.
This share moves quickly on good news-there just hasn't been any for this year but thats down to the company.