I personally think that alot of games will be played with EXT now and probably to the detriment of the shareholders.
The major holders now have enough shares so the buying has stopped and probably the momentum of the share price increase along with it.
It was nice to see it rise but lets not forget how they fall just as fast.
I know that alot of long term holders will hate this comment however it is very conceivable that the share price could at least halve before any offers will be placed on the table.
This would be the best strategy for any takeover offer to be accepted. Takeover offers are best recieved by shareholders when they are a little desperate after seeing the share price drop so much.
Just my 2 cents.
EXT Price at posting:
$9.40 Sentiment: None Disclosure: Not Held
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