Unfortunately Sharetrader, I suspect that there won't be any meaningful rise in the SP until the time comes for the first low-ball takeover offer ... Someone seems pretty determined to derail any potential price surges for the time being ... A few weeks back when it got into the 7s, there was an immediate response, with a whole string of sell offers appearing, and the price was beaten back into the low 6s.
Will be very interesting to see if it happens again, with the current SP verging once more on the 7s ... Hope I'm wrong, but I don't think it will go for a run just yet ... The mystery seller/s probably want the coming low-ball offer to go look like a big premium to the SP.
But this is all purely temporary ... eventually Minorities WILL force a fair price offer, and the current SP will look like peanuts.
Wayne
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