Don't think Meijin's bid has got any legs at the moment - they are waiting for Jindal to prove the $200m worth is there, then we will see if Meijin are a legitimate suitor. Bit of turnover today, and though the sp slipped back a notch, 40c seems to be the floor, or at least I hope so. We may get an announcement tomorrow to see if the company picked up $18 mill from the exercise of options.
RCI Price at posting:
40.0¢ Sentiment: Hold Disclosure: Held
