Your logic is pretty plausible. The doubt I have is: if they intend an imminent T/O, would you first push up the base price the way they have? As you'd know,recent price history is a significant reference point in "selling" the T/O price. I'm thinking they'll stop at 19.9%, and with no great turnaround results until, say , 2012/13 6month result, then they have 10 months to let the price settle back down again before a T/O. We're both forecasting the future, and I've been taught that the only true thing about forecasts is that they are wrong!!! WHatever, good to have bought before this recent push.
NMS Price at posting:
3.4¢ Sentiment: LT Buy Disclosure: Held