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clock Created with Sketch. 18/11/20
15:20
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Originally posted by Cryptonium:
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Topping up with a very chance of an offer being dumped is foolish IMO... you can top-up far South of current prices if it falls over. As it stands LNK is not moving in line with the greater market's record breaking come-back to almost pre WuFlu ATH's. This suggests it's being held back under the price and volume seems to reflect that... odds are PEP et al want takeover to go through. But if doesn't... there will be ST pain, with much opportunity for buying on the sell-off... the plus being that LNK can then follow the broader market back to it's previous highs whilst deciding on it's own accord what is to happen to it's PEXA stake. I'll take either scenario... as long as if PEXA is spun-off it's onto the ASX and not to remain in PE off the bourse.
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Abdolutely. LNK has been in a holding pattern since the takeover offer. Neither rising or falling much at all. I’m not fussed by the price falling in the event that the offer lapses. It’s Pexa or bust.
