I know there are lots of dissapointed faces around, and i am one of them.. but we have to think about what happened today on the trading. opened at 7.5, got some panic selling to 6.3, then massive accumulation from there till 7.6... there wasn't a dump right at the end of the trading day, and there was a 1 million share buyer just after market close. usually, a company with that sort of announcement or something negative like this gets punished and doesn't make up much of its loss for the day in terms of share price... We have all seen rau go down 1 whole cent under 10c before without any announcement... so today i think its not too bad considiering what could of happned... We cant just rule out the possibility of a carbine take over pulling through considering so much work and effort has been done for it. If JK wasnt one bit interested in it, he would of spent that money on these other projects to begin with. Id think it is really silly to think that there wont be few more offers or counter offers made my Nichelson group bout Carbine offer. Lastly, like i said before massive accumulation, this isnt just one small trader or small traders etc, i strongly believe its someone from Nichleson group or something, they know they can just go to JK and say OK we made a mistake and share price goes ballistic, or make another offer thats a bit higher than what JK first offered. really is interesting times here, and from a business point of view, its just the beggining of a negotiation war against the two parties... if there wasnt anything with this left to talk about we would be 5c now.....
BIG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
