cheers spurious i believe that a takeover is most likely because of Doug Rogers track record.if you read the telegraph article that is at the start of this thread it lists the companies Doug has been involved with in a turnaround situation.Tonks engineering,Savage DIY,Presto drills,Barcom planthire,Crabtree metal presses,United Carriers,Epwin pvc doors and Oliver Group.all have seen the share price increase some considerably and the majority have been sold in a 18-24 month time period of Doug coming to the company.
this is his speciality work hard at a failing company then sell it
so looking at his track record 2005 is the year for it all to happen for Elh. anyway just my gut feeling