Does anyone know f that statement is 100% right.. I suspect it may be, but now there has been a rash of takeovers, I suspect some have taken good hidings...e.g. tpg and hat ( for a while) , trs, trademe, znt, myx, gnc etc etc etc
Even some turnarounds like voc, myx ( for a while) could have burnt shorters , although of late nearly everything been falling.
Ann: Profit Guidance, page-24
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