I do like the nice steady climb we have seen over the past few weeks
If I had info then I for one wouldnt go out and buy a heap in one hit, would slowly buy a little bit here and there. Hopefully this is what is happening
The longer we go without an announcement, and the higher the SP goes the harder it will be to justify any premium if a t/o were to occur (unless it is a very nice one)
Not much good for a bid being lobbed at something stupid like 80c saying that the SP was at 40-50c 4 months ago, and it is an xx% premium
Now 1.80 on the other hand is a different kettle of fish
VGH Price at posting:
65.0¢ Sentiment: LT Buy Disclosure: Held