takeover

once again... time will tell

but the buyer doesn't look done, came in quickly as it hit 29.5c....the company is 40 percent off recent highs, and lets be fair....on no release of bad news. It is a case of no news is bad news....which may or may not be the case.

I am comfortable with my position opened the other day at 31.5c. These large crosses, plus Technical support at 30c should put a floor under the price.

what interests me is that there were two large crosses this week....one for 15million shares and the other for 82 million shares.Seeing as the top shareholder accounted for less than 90million shares (correct me if im wrong - could someone point me in the direction of the most current listing of top shareholders), if it is the one buyer that crossed both (there has to be more than one seller)....and what if the buyer is already a substantial shareholder, plus a significant amount of on market buying this week could suggest Takeover talk could be correct....who knows.