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That would mean the buyers were aware of the Williams Companies performance - which implies more international savvy than most local investors possess.

I think it was just a burst of day traders getting onto a moving stock at the end of the day ready for tomorrow. There really is no implication for PWT from the Williams Companies stock movement, in fact Warren Buffet had to bail Williams Companies out to the tune of US$900m just two weeks ago.

There still is anticipation of a change of control at PWT and that is why the market is looking for a buying surge.