Mal could you give me a bit of a heads up on who you think may be plotting the buy out. I have just done a tally up on the Director's holdings and collectively (including their options) they would hold approx 11.5% of the stock. I have had a look at the top twenty holders listed in the annual report and can't identify anyone in there who may be a threat and the Group of Likeminded Investors held something like 16%/17% when they disbanded. Based on current trading volumes and share price I am wondering how someone would accumulate enough of a holding to force the issue.
CDY Price at posting:
25.0¢ Sentiment: Buy Disclosure: Held