Hope we are not "taken out". I'd prefer to hang in for the ride but you're quite possibly right on this. For me some dilution via an issue, with shares offered to existing shareholders at a slight discount to market, would be preferable. I guess time will tell.
I follow my ASX shares chat-wise on Hotcopper, have maintained my portfolio for both the NZX and ASX for some 15 or more years on the old NZ Herald site, now
www.findata.co.nz.
Naturally I do follow the charts, but, with an accounting background, am more of a fundamentalist at heart.