kevi,
looks like didnt have to work to hard to get it down there.
MELs movement is all about the two parties buying at the moment. As a combined entity, they are sitting on 17.24% as at 2 weeks ago.
This would give them 9.3m shares to purchase, if for whatever reason they were hunting a joint 20%.
About 30m has churned over since their announcements, but I doubt they would be finished already as it took them about a month to acquire their respective collective 9m+. In that time we havent seen anywhere near the price rise either.
It would have been a smart move to pull it down hard today on the sentiment to accummulate more effeciently.
Looking forward to what comes of tomorrow and if it smashes down through the 50. Still hoping for a move to 35 between now and christmas.
SF
perfect pennant, page-36
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
