imo it is just punters coming back into the market to position...

imo it is just punters coming back into the market to position in stocks that have good upside potential. fwl has iron that isn't locked up in a deal yet and from what i can see that is getting fairly rare over in WA. Spot iron ore prices are climbing. they will do a deal and the 'when' is less important because until they do, they still hold the iron. if the market continues to improve they might even be able to raise the money to mine it themselves. imo fwl is going to have a great 09/10 FY.