RE: My take on it!30 Apr 2020 19:22
For many on here, including myself, a near-term takeover would ease many worries. This isn't about this puny, idiotically termed concept some called 'ramping' but about real life concerns and sometimes there are those who see what they believe to be a source of short term salvation and they naturally become exuberant in their language almost invoked by pure relief, albeit in this case a temporary relief
A sh-tty day in market terms. A superb day on the news front. Heavy seller inspired by profit-takers, elevated relative volume...
Last night was manic. I saw a trading halt on Newcrest. The news on their placing regarding a 'material acquisition'. It was entirely understandable that one would assume that Newcrest was about to launch a bid for GGP based on such news releases. As it turns out that assumption was wrong.
Thanks to Paddy for his satty work..appreciated