volume watch

The following is what has traded since the news on 14th April.
22 April 2,917,253
21-Apr-10 0.05 0.05 0.05 0.05 6,686,800 0.05
20-Apr-10 0.05 0.05 0.05 0.05 210,000 0.05
19-Apr-10 0.05 0.05 0.05 0.05 3,700,600 0.05
16-Apr-10 0.05 0.05 0.05 0.05 3,373,900 0.05
15-Apr-10 0.05 0.05 0.05 0.05 19,274,000 0.05
14-Apr-10 0.04 0.05 0.04 0.04 5,812,900 0.04

(From Yahoo Business)

Total of 41 975 453

If they have been very aggressive you would expect that they have 80% of those traded in the past wekk and a bit.
Say between 33 and 34 mill shares. That tells me that another 1 week of sustained buying and we will know who our suitor is as they need approx 44 mill shares to reach that 5% mark.

I also expect that when they reach the 5% level they will have another week to disclose and that week could be very aggressive buying if the volume is there such that they have as many as possible before disclosing and the market chucks a chubby like I am typing this. lol Sorry ladies.