sp action in week before land sale's done, page-7

I'll be very interested to see what the US SP does tonight.

The threads suggest US buyers were waiting for the release of the US SPP ADRs issued at 57c as they thought there would be a sell off.

The SPP ADR's were available to trade Friday and the expected sell off failed to materialise and the US SP actually went UP catching many by surprise.

As we know the Aus SP went up 20% the day after the release of the SPP shares so we may see a similar reaction in the US with nothing now to hold the price down prior to the anticipated asset sale going through
This may in turn drive the Aus SP to new highs on Tuesday.

Dunno but I have suggested to non holders today could be the day to get in and same may apply for those wanting to trade this week?

Just my opinion - Interested in others thoughts.