Suspect you're right on the button. Lots of buying last week at 30 - 31 cents. Why? Insider trading surely rife here. For me a wait and see. Even 45c will not get my investment back. I need around 50c but would rather LT hold than be conned by the predators.
Lot of equities out there will face this kind of market manipulation. They will be like daisies in spring and the only thing you can take from it is that perhaps the market has turned, and that the argument "aw shucks we'll do you a favour by taking you out at 10% higher than the weighted average blah blah...." is getting fast past it's sell-by date.
LLP Price at posting:
30.0¢ Sentiment: Hold Disclosure: Held