It would take a brave punter to be buying at 54c unless they new...

It would take a brave punter to be buying at 54c unless they new something was in the pipeline. I agree with 2ic, it’s a bit late for someone to be accumulating a blocking stake hoping to negotiate a bigger price with the scheme meeting a week away. Not much time to negotiate. Surely Tianqi can’t be feeling that confident of the scheme going through at 50c in a week when those still holding havn’t sold today at 53c-54c.