takeover rumour for monday, page-9

2.50 should act as support, it's hit around this region and has bounced a few times over the last 9 months. If this fails you might be looking at 2 for the next level of support. I doubt it would be this low as based on valuations is would be incredibly cheap. I bought a few today near the low with a tight stop. But at the moment it ain't looking pretty. On the back of the half yearly it is looking considerably cheap but that means jack in the current market.