It's just my guess of what is happening, there are large transfers being set up. Over the past few days, there is larger orders and no real announcements of substance, then again again it could be Algebraic pty ltd buying in again. Then again I dont know. One thing I would like to know is who is the potential buyer. In the announcement it does state that the buyer wishes to be unnamed. Maybe I'm reading into things too much but if the buyer was named it might be a big one, and just its name might drive the sp up, which the buyer might be preventing from happening before the deal goes ahead, or not. I suppose another 50 more days. Can't wait.
MBI Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
