RE: Wouldn’t it be nice13 Nov 2018 09:03
A steady stream of news will rerate the SP due to the speculation
There will be a lot of PI on the sideline watching this one, with alarms set for news etc and furthermore the brokers (including market makers) will have an easier job selling and marketing GGP shares with good news flow
Broker picks up phone: hi mr bloggs we have a nice little exploration company that may be worth some exposure to, how about we put 1% of your portfolio in to this high risk stock?
The broker continues to explain the company and the recent news flow...
Mr Bloggs: wow it certainly sounds worth the exposure, put 2% of my portfolio in this one
Broker: excellent I will get on it right away