My gut says it will be a T/O. The ASX / Takeovers panel isn't...

My gut says it will be a T/O. The ASX / Takeovers panel isn't going to allow control to go to a big player and screw over the little guys. I hope.

However, and I really hope i'm wrong, I don't think we are going to be anywhere near $1. I just don't see them paying 4x to market... I hope I'm wrong. But i've never seen an example on the ASX where someone has paid more than 70 or 80% in cash, generally 30 - 40%.

I hope I'm wrong.