They will hold this back and see how many sellers are around this morning that 2m buys stuffed them a bit. Plus they will try and show late trades all the trciks ect.
I've had a guess that say between 2/3rds plus of these shares are in safe hands and with the likes of Globe having the odd 37m it can't sell at nowhere near below 3/4/5p then take a few other serious pi's that could add
another 100m the sp will move on trading of a range of 100m to 150m ish.
The trading of those shares will determine the rise on news but profit takers jumping at one two times profit is what the mm's rely on, that is unless as said below Cochran or another have bought a good few more. The lower the free float the better for the long haul sp.
Ps with Cochran then running things news would be released to prop the sp rather then it spiking, a few other loose ends could also be tied up before the big decision to go bak and try FG again. That I'm my eyes his his end game and 10p offer which this time will be accepted.
Anyway roll on good news.
I reckon the rise started once that large 5.5m trade was filled, there's been a few 2m plus trade these last weeks. I've said all along that a volume increase will be the indecator here. News will come this week and a penny plus once it does.