re: what the ?
Barry anyone can be right in the short term, because it's a 50/50 bet to pick short term movements.
The funny part about all this is you don't understand how BPL is a threat to UNW, and you try to bluff your way on the SKG forum about winmax and Cbus.......you're an A class dope that fluked the short term direction of a stock without understanding the mechanics of communications.
Now, understand this......Simon Loh owns nearly 38% of SKG (indirectly) he has invested $9 million in the last 14 months. There have been rumours circulating for the last 3-4 months that SKG will buy Simon Lohs company (e-pay) with either script or cash and script (giving Loh contol of SKG)..........given Mr Loh's large investment in SKG I'd say that this rumour has legs and it will happen in the near future. Now IF IF IF this does happen, you're talking revenues that make BQT's $32 million consensus look like kindy-Garden. On top of that we still have the long shot of the Russian money........in 7 days time. Ask your broker who the buyer is at 52c (do it), he's betting that Simon Loh wont walk away from his investment ;-)
Saint George had a chart similar to SKG at the start of the season..........but you should know by now that Tex only backs winners !
SKG Price at posting:
0.0¢ Sentiment: None Disclosure: Held
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