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Jimmy_c, you are assuming the market acts rationally which is...

  1. street talk
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    17/02/07
    13:02
    Post #: 2203038
    Jimmy_c, you are assuming the market acts rationally which is not always the case. what if the acquisition does not add much to eps, but is strategically a good move? You need to price in many different factors, even a takeover premium. The market is not black & white & that's why some many mining explores are stupid amounts.
    TOX Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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