Not one share has gone to AWE so far. Once they have made their...

Not one share has gone to AWE so far. Once they have made their on market bid they cannot buy at a higher price wothout offering the price to other holders. This is my understanding. A check with course of sales shows no sales at 40 cents. In my experience of being involved in other takeovers I don't think the share price has risen strongly enough to beat a sustained bid from AWE. A lot of sales today have been an arbitage play by people expecting a higher bid with limited downside. Once it becomes apparent no higher bid is coming they will sell to AWE. I hold AWE

Pagarsi