DYR as this is only my reasoning to get an entry 1. PHNX received at least 2 unsolicited offers for the EU business one US the other Can - this shows interest 2. The management "reject it" as it doesn't create enough "shareholder value" - I read it " we want to sell for more money especially for us 3. The offer even that rejected remains "strategic" - very interesting statement 4. My Speculation: if a larger VC would buy the whole PHNX for a lot of more money than break it up and sell the EU side while consolidate the UK with a Can or US arm would create much more "shareholder value"
Dear all have a look to what happemed today, the opening price was et by the market maker and the "SP drops" were triggered by small volume transactions Look to the "buy ones" below any may other of 50K 09-Aug-21 15:39:59 1,469.78 115,510 Buy* 1,468.50 1,469.50 2m 09-Aug-21 15:39:46 1,470.00 100,000 Buy* 1,468.50 1,470.00 1m
I am curious if it was just a "rotation" exercise we will see tomorrow I guess
I see another pro: VOD India 40% stake had been written off. Now with the retrospective tax removed they may be able to see their stake to someone approved by the Indian government which will give a give a nice/ partial write off reversal
After 4 months in MTRO I guess I have more appreciation to longs here as it does my heading.
I don't know what coping mechanism you engage but I lose my temper more an more often. I guess DF put my email on the black list how many times I wrote to him as I re-visited a branch today and there are no changes in the staff attitude.
I am so antagonised, I run out of arguments pro vs cons, any suggestions how it is best to cope with this nightmare?
well if you look to the other boards you are not the only one asking the same questions about the inconsistency of Pocker's statements and its intentions same up and down statements maybe a combination of a delusional short trader or a paid content contributor.
Also the same "perceived superiority" over the rest of all te rest
Elchagie I just did that opened an US account. However there is a difference, it is growing BUT the falls are brutal. If anyone is caught on the wrong side of the fence it is done in a blink.
So it is a knife with 2 edges some times SP's fall 20% in just 3 days; the SP are fully controlled by capital in/out flows and have absolutely no connection with the fundamentals. If you are not faint hearted... try it GLA