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one good thing though with these new complications with future...

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Hornet101

152 Posts.

69

20/12/22

13:00

Post #: 65382070
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Originally posted by chappy019: ↑

feels like we are in a stage where the announcements are more in line with the motto of being "what we need more than what we want" particular for long holders with Takeover aspirations.

sure the market hasn't reacted as some of us would have liked, but remember it won't be the market price that dictates a T/O - it will be about volume and quality.

I can't imagine the price negotiations of the takeover involving commentary around "well the SP is currently only x so we feel y is a fair price for the asset"

glass half empty - we aren't at CR price narrative.

glass half full - we continue to tick the boxes and derisk and somehow you can still get in at the jan 2021 prices.

for those that chose to exit - good luck with your decisions - for those who wish to stay / top up let's pray for more steady as she goes in 2023.

safe holidays to all.

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one good thing though with these new complications with future domestic investment, the majors will be looking worldwide for potential projects. one comes to mind.

EXR Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
8 Upvote

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