Has anyone been following this stock?
It's shown a remarkable growth over the last few days. I bought in only a few days ago at 87c - and today it is already trading at $1.13.
There is little stock on offer as over 80% of the shares are held by the Top 20 shareholders, who include Westpac and AMP as well as a Japanese sounding company Sumisho Iron that I don't know anything about.
Something is obviously about to happen here, as they are in demand. It has been in the rumour mill - but no-one knows what is going on at this stage.
Anyone here heard anything?