Certainly a pain if your in for the short haul, however long...

Certainly a pain if your in for the short haul, however long term should be to the benefit of both SIR & IGO.
Presumably it is the shorters that are playing catch-up, small volumes really, hopefully it won't last for long.
The further they push the price down the greater the chance of an alternative offer is put on the table which should it happen one would assume would force IGO to re-negotiate.
The Australian today listed 3 Companies that could be interested.....i.e if I was shorting or selling I would not wannabe out of the picture for too long......