I tend to agree with praia - who said - "...the FMG deal fell...

I tend to agree with praia - who said - "...the FMG deal fell over and the share price surged?"
But it took a few days - the FMG deal falling over was ann on the 4th but the SP started rising on the 8th - the day after the -
07/02/2013 Positive Iron Valley Progress ann.
Reading the 7 Feb ann it seems that IOH were sending what positive signals they could.
Certainly from the next day some buyers had the confidence to bid the price up on good volumes.