If a bid was coming i would have expected it last night or this morning when a surge of buying came for SPO. but ignoring bid possibility lets look at the figures.
The low on Monday was just under 91c but nobody buys at low. Plenty opportunities to get in at 92.5c. Today's high 1.07 but lets say 'Tommy Tucker' wants out and he takes 1.055. He's made 13c = 14% in 2 days! Not a bad effort.
SPO looking to be best eprforming stk on ASX200 for 2nd day in a row. Only AWC juuust in front with an hr to go. Can't ask for more than that. I hope HC readers piled in massive.
SPO Price at posting:
$1.05 Sentiment: Hold Disclosure: Held