Is BKL takeover target?

Melbourne based Swisse taken over by Hong Kong based Biostime for $1.7b

Sydney based Vitaco taken over by China based Shanghai Phrama and Primavera Capital for $314m

Some Chinese companies may have considered Blackmores for a takeover but it was too expensive when stock was trading around $200.

BKL share price is now trading below $100 so it would make perfect sense to run the ruler over BKL financials once again and dob a low ball offer. It will be perfect opportunity for Marcus to exit the business for once and for all.

Trading tape in the past few months has been showing unusual patterns.

In my opinion a share can jump back to $140 this year so bought some BKL shares.