of course this is still going up, i just have no idea what it is, i truly doubt its a cap raising, i think a significant sale or a refinancing proposal is more likely, it has gone way past just being a re rating, the money that pushed this from 40 to 52 was extraordinary, obviously they decided to pull up stumps when the company query come thru for the day, the sell side was loaded so things stopped, i believe we are going thru 50 again tomorrow.
someone with deep deep pockets that are currently heavily filled knows something massive whats about to happen.
anybody get anyt whispers or rumours back from their brokers whats happening here.
CNP Price at posting:
37.5¢ Sentiment: LT Buy Disclosure: Held