Malay I also expect an offer. No sub holding notices yet so I think this sharp rise is a combination of XJO rising and plenty of index funds needing a home for $ taken out of mining and energy stocks. The new CEO has his head screwed on.
If the French or Germans were going to have a go it would make sense to do so before the rebranding to save doing it twice so a close watch in Jan is my call.
Having said that I sold a fair swag today too much too fast for me. Hope to get them back a little cheaper next week but as always might never happen.
Happy new year.
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