say it again - mark in the 4th july, page-4

Yes, but even if takeover details were announced tomorrow/this week, the exchange/transfer will not occur for at least 6 weeks.

The way this has traded over last few days, I'm thinking deal has almost been done.

Last week there was someone that kept placing 100k parcels on the sell side which were continuously being snapped up. Since then sellers have dried up and buyers have needed to move up from 32 to today's 36.5 high.

Regardles of what happens on overseas markets tonight, this looks like testing recent high of 38 tomorrow. If it breaks 38, then I think there will be little resistance until we hit the 12 month high of 46.