Very simplistic view, you realise funds will also take advantage of what is being presented with some very real value being offered up in times like these, sure panic has set in and this panic coupled with stop loss triggers and margin calls that will soon start to kick in means logic and value goes out the window, but the cashed up forward looking smart Funds and Traders will use this as a profit building period. In regard to the 2 suitors that are left, well this could play out a couple of ways, but the price action suggests that the likelihood of a binding offer is more unlikely than likely and as mentioned on previous posts the risk reward being offered is worth taking a position in. Just on market sentiment and nothing else this will fall again Monday/ Tuesday increasing the reward side of he risk. GLTAH
IFL Price at posting:
$3.93 Sentiment: Hold Disclosure: Held
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