At what price do they push down to before they make a bid.
You cant tell me if you were a Director of this Company with all the positive previous outlooks that you would not have spread some good news into the market to stop the downward pressure.
Which leads my devious mind further into the conviction that a raider is close.
What price downwards before a move, the magic number in my mind is a $1, then they can make a bid at say $1.50 and get a swag of shares before negotiating a deal from THX to get control.
Something is defintely wrong with the figures on this company with the released reserves on Railway alone it is way low of capitalision.
Very interesting and will wait to see which way the play goes.
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