dunno about ANZ would have thought the volumes going through...

dunno about ANZ would have thought the volumes going through last week might be related. Todays volumes seems to be the same buyer we had last week ( on the buy side) some have suggested a takeover or new subby holder ( though the takeover angle is just a rumour so i attach no value to it) but someone has been bidding it up quite aggressively and has reasonably deep profits which rules out most retail investors. Perhaps a sub 5% holder either way its up 30% in about 2 weeks and still climbing that said fair value is around $4.50 a share on my envelope anaysis ( DYOR of course) so im happy to ride it up