Just fascinating the ploy going on here. Takeover at 4.2c, 240m buy orders at 4.3 and few sellers at any price. Seems a bit like a game of poker. Everyone sitting on their cards. If HHPL and FMG have been restricted from buying since 20% attained then they would appear to be passive onlookers but imagine what they are thinking. The 20% threshold is about 2bn shares and this was reached on or about 12 June. Since then a further 2bn shares have traded. Oh to have a crystal ball. Those questions that are going through our minds. Good luck everyone and enjoy the drama.
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Will FMG make a bid tomorrow?, page-195
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