why all the talk of a takeover, page-10

Cash is king"- I'm not so sure about that, indeed one must have something in mind for the cash.

From where I stand oil is a far better parking spot than a mere sack full of cash, and I think that's why the top twenty shareholders have been fairly static.

As usual though, some posters do get confused about fair value for a take over price and the current share price we see on a chart, which in truth, has no bearing on the conversation, save for a juvenile view of how companies are valued.

I mean, the whole point about being a top 20 is that you are there to build a structure that's worth more than a few dollars a share. Which very much looks to be the case with Nido.

Getting back to the "cash is king" cliche. The best kind of cash is that coming from an income producing asset, opposed to a linen bag full of the stuff hidden under a bed.