Ann: Appendix 4E and Annual Report FY18, page-6

I reckon they will cop an opportunistic TO - but yes agree with all here- reject and grow! Unless it is a high ball offer that allows them to still keep managing as they currently are.
Todays action was indicative of your sentiments, Hoju and bullbear. The Matso revenue was not factored in to forecasts and I think the market realises this...good volume and a nice hold by days ends. 13c shares were getting mopped nicely