gi,
discussing ALL the possibilities as to why mm&e and ubs have bought sapex shares could quite easily get very long winded so it's best not to think too much about it.
this is mm&e's "mission statement".
MM&E Capital Pty Limited is an Australian based event-driven hedge fund manager that was founded in 2001 by John McIntosh, John Magowan and Tom Elliott. It aims to provide professional investors with absolute positive returns in all market conditions and with lower than average volatility. This it achieves by focusing on corporate events including takeovers, demergers, preference share conversions, capital raisings and sell downs. Hedging is used on a transactional basis to eliminate as much market risk (beta) as possible.
ubs are probably using a similar investment strategy and they would be silly not to.
cheers
- Forums
- ASX - By Stock
- LNC
- sapex
sapex, page-3
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LNC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online