Ceeby,
Also, who would they make the bid to? I would guess 95% of the stock is held by private investors like me, who were originally probably looking at £20 a share in the days of '80% of the auto-gear box market by 2012' (or whatever the statement was).
Now that things are looking up (MTD launch imminent, Iseki possibly close to launch, possible Indian car deal), why would anyone of us sell up at 60p? If they were offering £6 I would take it seriously.
Time will tell.
White Bat