"Capilano soars as fundies watch for interloper"
"Some late Friday buying at takeover target Capilano Honey is causing a stir.
Stockbroker Canaccord Genuity is believed to be in the market on behalf of a buyer and willing to pay $21 a share.
The broker crossed one line of 200,000 shares - worth about 2 per cent of Capilano's issued equity, at $21 - and fund managers reckon there is demand for more.
Importantly, the trading is at a premium to Capilano's
$20.06 a share bid from Roc Partners and Wattle Hill.
It is the first time the stock has traded above the $20.06 offer price since the deal was announced"
https://t.co/xJN8CApkan
AFR link above and should be free view
