one could contend the landscape has since changed....
my hunch is one, possibly two very wealthy private investors have quickly filled up their coffers over the last 1-2 months for a short term play....
personally i dont think i will be holding this stock come July...i sense GF are slowly but surely circling....the current SP is must very appealing given ANZ gifted away their batch in the 30's....SP now nearing 50c, another resource upgade just out....typical CQT trend right!!! add JT on the ropes probably keen to start a fresh - i summate, to be fair, the stock is ripe for the picking
purely speculation however, based on my personal flawed hypotheses
my punt would be a take out either week of the financial year turn...
for all of our sakes i do hope GF are forced to pay a premium....
MADMAX
CQT Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held