cape takeover looks to have stalled, page-3

Powerball, i agree wholeheartedly. As i said initially, the offer was opportunistic and i'm more than happy for management to repel an offer at 90c. PCG gave an indication that they're not really wanting to sell out last week when they announced a JV with that Singapore company - again, a good long-term strategic move.

But unless there's something else brewing, the SP could drop back into the mid 70's tomorrow. That doesn't concern me at all, it's just what i think will happen unless there's something else significant cooking.