But remember it was 98c only about a week ago. Stocks can't go up in a straigh tline! (well of course they can) I note its broken above the averages, TA traders will be in there.
I think a lot depends on what happens with AOE also interest could be building in what happens with Fishermans Landing. I think everybody should prepare themselves for a scenario that says AOE accepts a low offer, reducing valuations across the sector. This will impact BOW no doubt about it.
Nobody knows what the go is yet. But RP has a history of doing things a bit left field. Remember he counterbid on RPM when QGC had its hand up. QGC then was an $1b+ coy and BOW was about $45m.
Interesting times, be safe out there
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But remember it was 98c only about a week ago. Stocks can't go...
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