The chat around take-overs is interesting
Obviously it is a fine line between what's promising and what is proved and any prospective T/O group have to gamble, but is it worth waiting or do you jump in with fingers crossed.
When a company has developed and has a stable income and base it is easy to calculate the value of a T/O
Prior to that depends on your available money and the possibilities for future expansion.
Today there was a report that houses around army barracks in Australia are having problems with the ground and water supplies being polluted by run off from dangerous fire retardant chemicals
So the runs are starting to add up with little gold nuggets appearing every week.
So if you want to do a take over when do you make your move?
Chart movements are increasing again but is it more important to watch the chart (which will always lag the hidden movement) or listen to the increasingly promising news.
AJX Charting, page-770
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