Is it posssible that the SP is being kept in a a narrow range until the LVR takeover is finalised - it seems to make sense that when a company makes a bid based in scrip, an increase in the share price of the acquirer in turn increases the price being paid for the target. I suspect the big players will be waiting until the takevover is bedded down and then we will hopefully see a run to 40c plus.
PSV
perseverance corporation limited
