Picked up more @ 45c cents... long ORR and short SVM trade is unwinding. ORR is down 10%-15% and SVM is up around 15%. ORR may go down further until scheme date. Best thing for us is SVM to go hostile and try to pick up 30% or 40% ORR around 60cents. If PRU is interested then they have to offer 70 to 80 cents.
I have put another low ball offer.. fingers crossed.
imo & GLTH
ORR Price at posting:
46.0¢ Sentiment: Buy Disclosure: Held
