Meh, was bound to happen. Anyone serious about a takeover would not risk a runaway price and will be generating VWAP under 30c to make an offer of some % increase over that. Hell, it may be a consortium working in collusion as it works for all their interests to keep it down. I'm not one for conspiracy theories but this does indeed look like games being played to keep it very much in check. take what you can while you can. If a TO is confirmed then its game on, if drilling starts, its also game on. Besides going LT here is a reasonably safe bet.
Running Commentary on the SP Movements., page-5869
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