Where do you hear that from? Already 273,000 shares traded & the demand at 15.75 is strong. 70,000 shares demand at 15.75 & higher as I type this.

At 15.65 (yesterday's closing price) & higher, the demand is 120,000

Well, that's not what you said. Anyway, the price seems rising & will close over 16/- it seems.
Since many (including @stockmaster who picked 16-18) feel the buyout will be at 17/-, then why pay 17 for a buyout a few months from now?
*BTW, I think it will be 20 per Kestrel but short of cash*

As at 1030 courtesy of suntra

Orders on the NORMAL BOARD

Bids(Buy Orders)

Total Bids - -390,300
Price Points

65,000 shares at 16.05

30,000 shares at 16.00

11,400 shares at 15.90

35,000 shares at 15.85

10,000 shares at 15.80

18,800 shares at 15.75

10,000 shares at 15.70

26,200 shares at 15.65

700 shares at 14.55

7,000 shares at 14.10



Asks(Sell Orders)

Total Asks - - 77,700

Price Points

5,300 shares at 16.45

10,000 shares at 16.50

12,400 shares at 17.00

50,000 shares at 17.10



Orders on the ODD BOARD

As at 1120
Orders on the NORMAL BOARD

Bids(Buy Orders)

Total Bids - -376,800
Price Points

1,000 shares at 16.30

52,300 shares at 16.05

30,700 shares at 16.00

11,400 shares at 15.90

35,000 shares at 15.85

10,000 shares at 15.80

18,800 shares at 15.75

10,000 shares at 15.70

23,700 shares at 15.65

700 shares at 14.55

7,000 shares at 14.10



Asks(Sell Orders)

Total Asks - - 789,100

Price Points

4,300 shares at 16.45

33,800 shares at 17.00

726,000 shares at 17.10



Ord

She might have been right!!!!!!! and notice the massive volume at 17.1...Any significance

One big fish surfaces to sell 726k at 17.10 signalling the range price.