Its really starting to smell of an Entity wanting to take a major and commanding position.
We all know the SP is ridiculously cheap and I continuously post that its a takeover target, given the cheap value.
Dont be surprised if there is substantial buying of heads, but, more importantly a total hoovering of the 100mil+ oppies on offer at 1-2
It may well be supported by Directors/ mgmt holders.
A re-rate is in the offing and anyone with a sell order out to 8 is going to end up crying into the bathroom sink.
The more this possibility of a major stake bid is talked about, the more the bidder is going to have to take action sooner rather than later.
So Peeps, spread the word and get the sell orders withdrawn.
Just my guess and in no way any investment advice.
But I do salivate with anticipation
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