sp cap

the SP seems to be sitting round the 42c mark again.
it won't seem to budge.
given the announcement by Bumi that they are no a Sub S/h, then it is pretty good bet that they are simply selling into any buying, around that 40c - 42c mark.

and given that they had a bout 18m shares at time of their announcement, that will keep a lid on the SP for a while.

I guess if a fundie came in and bought a big parcel off-market, then we would never know?

the media seem to be speculating that this latest Proposer might be someone else, other than Petro?
Hope it is!

cheers