I sense that with the institutional investors holding the sp price down around 36 cents and the majority of analysts with estimates around the mid 50’s, that this can only be that we’re about to see a low ball bid to acquire SXY.
This is my two cents based on glaring data that otherwise would not make sense to any investor. I hope the board rejects any low ball bid, as I believe SXY should be valued at around $1.00 based on today’s current projections. SXY is the best no brainer bet on the ASX today if you’re looking to at least triple your investment.
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I sense that with the institutional investors holding the sp...
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