I would be astonished if there was a fall...everyone who has ever owned the mighty OX has been wishing for this day.
Moreover, OXiana had hit a technical buypoint today - oversold - so without this news I expect a bounce...which I felt would have been helped by a bounce in gold price tonight in anycase...watch the eurusd cross rate..dollar weakening as we speak...and possibly some more scary news for the US$ later this week with 4-week jobless claims.
No...I cannot see any reason why the price will fall back...but as there is a trading halt on until Friday, we will have to wait and see.
- Forums
- ASX - By Stock
- OXR
- acquires rio's 20%
OXR
oxiana limited
acquires rio's 20%, page-7
-
- There are more pages in this discussion • 48 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)