"The irony with the margin incentive is that the assets are currently at bargain basement prices . Are the big boys deliberately waiting in order for the csg market to deflate ?"
I am sure they are.
"Guess we won't know until it's all played out. I remember watching the Arrow situation and it's going to be interesting to see whether this is similar. "
I am also sure that it is.
After all there are three companies that are faring in the same way, and there are three companies that are possibly interested in some M & A's. Maybe one each, and without any arguments amongst themselves.
For the holders of the three companies in question, (if it eventuates), Xmas may come a little earlier.
Buddy
ESG Price at posting:
65.5¢ Sentiment: None Disclosure: Held