Last reported financials had this company with 39c worth of Net Tangibles.
I was of the understanding that within the last year or so they have been approached a number of times with offers but that the board had declined them (probably due to lack of support from the major shareholder Tony Seymour)
I would imagine that he would be looking for nta at least to even consider a bid - if one is coming....
GNS are clearly in a good position to look at something involving scrip given the incredible appreciation in their own stock in the last 18 months.
Cheers,
FEA Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
