RE: sold out at an excellent profit27 Nov 2018 16:59
Well done with your profit
when you say it's getting too risky, can you elaborate please?
The way I see it, with 3 bidders looking to take over, does that not reduce the risk some what?
The way I see it.. bidder 1 will put in an offer then bidder 2 & 3 will look to bid more until there's no higher to go and someone's left to pay the highest price ... Or maybe it's not as simple as that? Whether that's for the slots, the assets, the future potential, or just so that a rival competitor doesn't get what they want or force them to pay a high price for something through fun and games or even a high ball offer just for vanity purposes.. WIlly & Dick seem to have a rivalry that spans back years, especially in this industry.
Either way, I personally think it's de-risked day by day, but who knows, this is the stock market after all I've learnt to expect the unexpected.
Good luck with your newly found profits :)