Until we get into the reporting season next month we're probably likely to see more of this thin trade.
If they can hop out of that there's I suppose another possible return of capital, special dividends and such like.
From our point of view and from the market's point of view, I think $2.10 is not sufficient in order for them to get to that 90 per cent threshold they need.
I think it's a continuation of buying since their better-than-expected results so that's looking very solid at the moment.
I think Christchurch City Holdings will have to pay a premium to gain control of a strategic asset in the Canterbury region.
The way India is just starting to get pumped up, and China is still looking extremely good, it's not out of the question that the resource sector stays as the place to be for a while yet.
It's a stock which is not treading much volume these days, but it does move in quite large swings.
It was pretty much what we were expecting, but the market was hoping for more.
Investors are saying 2006 is going to be a very difficult year for retail.
If you take Telecom out of the equation, the next highest volume would be Sky City, which is coming in for some pretty strong demand at the moment.
If you want to look for capital gain and growth, you've got to look offshore.