Ann: Major Shareholder Rejects GGG Takeover Offer, page-2

re: Ann: Major Shareholder Rejects GGG Takeov... Looks like GGB bid will probably fall over. The market is again reflecting this in the sp action, especially the market depth, although the 300000 buy at 68cps near open was either 'interesting' or unfortuneate timing, given the BSCM position.

Unless something dramatic comes out of the woodwork I'd expect the sp to move lower, maybe find support at about 63cps, at best.