Cheer up MKR, as to Mulpha buying for peanuts, the last time I...

Cheer up MKR, as to Mulpha buying for peanuts, the last time I looked we had laws against rape and pillage. Plus, directors have legal duties and responsibilities, highlighted recently by the Hayne RC. AND, Mulpha can only buy of someone who is selling. They are a long way from compulsory acquisition and any number of institutions will smell blood of a quick buck if a low ball bid is lobbed.  I also do not think Mulpha has a strong enough Balance Sheet to privatise AOG.
That Mulpha (with a dubious past via the father) is an unwelcome and unwanted cornerstone shareholder has been borne out by the market. The instos have avoided because of the uncertainty as to its intentions....but surely, this upcoming strategy review must reveal all intentions.

Mulpha, the class action, the stock over-hang, the antiquated DMF business model and the highest DMF fees are all anchors that are dragging the SP well below the average for the industry - but as any boatie knows, its easy to lose an anchor or two and that surely is the mission of the review.

Yes Mulpha will no doubt try and buy it for peanuts (if it can)...but the size of the peanut is the most pressing question. I think it is more than you are thinking, but I don't know your buying price and hence your level of disappointment.