BMN 3.62% $2.66 bannerman energy ltd

being mercilessly screwed down, page-9

  1. 1,393 Posts.
    lightbulb Created with Sketch. 270
    Just a thought. Does anybody think a takeover may be around the corner?

    Think about it. Someone has been accumulating for some time at $1.10 and under. Ok, someone has also being selling but the daily trading patterns look suspiciously like a patient buyer with deep pockets.

    Sooner or later they`ll show their hand and could quickly announce a takeover bid at say, $1.50 and state that it is a price XX% above the VWAP over the last 30 days....

    As i said, it`s just a thought.
 
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