At the rate they are making profits, plus that huge amount of...

At the rate they are making profits, plus that huge amount of cash in the bank, it would not surprise me to see a takeover bid. Chinese shareholding already puts them in a strong, in fact almost unstoppable position, for a successful bid. Making a premium, value added product in strong demand, not commodity type iron ore. Wonder if Hancock or FMG are running the ruler over the company also. Who knows. Its certainly a juicy target one way or the other, and is being completely mis-priced by Mr Market.