the SP seems to be sitting round the 42c mark again.it won't...

the SP seems to be sitting round the 42c mark again.
it won't seem to budge.
given the announcement by Bumi that they are no a Sub S/h, then it is pretty good bet that they are simply selling into any buying, around that 40c - 42c mark.

and given that they had a bout 18m shares at time of their announcement, that will keep a lid on the SP for a while.

I guess if a fundie came in and bought a big parcel off-market, then we would never know?

the media seem to be speculating that this latest Proposer might be someone else, other than Petro?
Hope it is!

cheers