who doesn't think a takeover is coming?, page-3

I think we will see $1.30+ today. It keeps surpassing each target we set. Who knows what the gap up will be like tomorrow.

Reasons:

1. The announcements from the company to settle the market and dispel rumours was brilliant and has put them on track for an aggressive return to value

2. CBA becoming a substantial holder - that wouldn't be happening if things were bad.

This is one of the few good stories to come out of the market turbulence we are seeing.