shank please,
WHY ??? WHAT ARE YOU SAYING ???
Yes ALL stocks are feeling the heat because of the volatile US market and some have been hit harder than CBH!
HOWEVER, this is what we know...
1. PEM and CBH are still in discussions over a possible merger...FACT!
2. IOOF is now a substantial holder of CBH, obviously buying because of these merger discussions...FACT!
If they do announce merger where CBH gets a nice premium, I'd hate to be sitting on the sidelines because I'm scared of the US markets.
Hang Seng already down by more than 30% from its high.
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