Firstly, it never ceases to amaze me how like-minded 'investors' are and that inside traders are not always the most 'astute' when it comes to playing the shares game.
Secondly, I can see a wildlife documentary in my minds eye, where the vultures come swooping in on a carcass and all that they leave in the end is the bleached bones.
Lastly, I am thinking of pizza. $7.95 with a voucher at low end and $20 at the high. I will get one that costs $11. It is still a pizza and I know it will not leave a bad taste.
In sum, play the fact that everybody shares similar thoughts. Ordinary shareholders are always left with nothing. And, there are always easier ways to make a buck.
Value is measurable in dollar figures but that value is also relative to ones individual position in space and time. Good luck on your decision PViews.
EFG Price at posting:
45.0¢ Sentiment: None Disclosure: Not Held