It sure is a frustrating share to hold, but selling close to a new mine coming on stream does seem odd timing! When the seller or sellers finally stop, which they will, this will kick on!
Well, I’m happy to leave my large holding here until the end of the year, and if it’s not been taken-over by then I will sell out for a nice profit! The SP can do what it likes until then. It will only go higher in the long run.
Is this too good to be true? No such thing as a sure thing is there! So will the news be as expected or delayed. I’ve rarely seen news released on time and as expected.
Glad I'm out of this now as couldn't handle the stress of waiting for the announcement but I hope for all the LTHs that it is indeed news of a takeover!
Remember when this suddenly spiked up about 30%+ in a couple of day in November 2021 on no news. Maybe that was when shorts closed then! Could do with that again!