Thanks - thought I'd combed through the Fin this morning but missed that article.
I guess that's more or less what I thought is happening. We'll just have to see how sticky the SP is at the supra-$1 level. I would be reluctant to sell below the current SP and even find the $1.20 figure mentioned in the article unappetising.
Bit of a Catch-22: SP rose because of TPG interest, TPG won't make an offer at the new levels, but SP unlikely to drop to previous .80c-ish levels unless people believe that TPG has genuinely walked away... which they apparently haven't...
Was just wondering @Huyton121 if you could clarify your point above re: BHP and South32?
FXJ Price at posting:
$1.03 Sentiment: Hold Disclosure: Held