Burnett, only two things that may be happening The first is that...

Burnett, only two things that may be happening The first is that sometimes when a big trade is done at a certain price- a la 27c with PPT, then the share price can tend to hover around that, because no-one wants to give the new buyers an instant gift via a share price hike.

The second... well, L4Leather gave us that article, and a part of it says:

http://www.theaustralian.com.au/media/gordon-top-at-ten-as-perpetual-pulls-back/story-e6frg996-1226507856928

"The third-placed free-to-air network raised $200 million at 51c per share in June, but if Ten does return for a second raising this year, the price is likely to be nearer 20c per share."

Not sure how seriously to take that, but if it is written, the market can take notice of these things. Deutsche Bank said no raising needed, but that article says a raising at perhaps 20c. A second raising, or a privatisation? Or a raising and then privatisation? I guess the share price will tell the story.