some pressure being exerted on the share price at this stage...to be expected...esp if bigger players want to buy stock
and especially if the bidder to come does want to appear to be offering a good premium to the market price.
Frankly i feel its risky exiting anywhere close to 20c in the hope of buying back a cent or two lower......
the news has leaked and now its just a matter of time before a bid should appear......
the price going backwards just before a takeover or a good announcement is normal for the course in this stockmarket....
At the moment the blocking bids are NOT being over done....but the selling down is making some holders nervous enough..to sell..expecting further falls ...hoping they can buy back lower...good luck on that......
some pressure being exerted on the share price at this...
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