Just wondering how you think a takeover would go down? As per the last annual report the Top 20 shareholders hold 46.86% of the company - a large percentage of the Top 20 are foundation type investors or at least have been around for multiple years - and from what I can see they haven't actively been selling any of their shares.
Yes the price is low - but I just can't see the Top 20 agreeing to a takeover offer unless something fair and reasonable is offered.
Whitty
KSX Price at posting:
2.5¢ Sentiment: Hold Disclosure: Held