haemetite, I am going out soon to enjoy the sunny afternoon.
Firstly, do you seriously think the sp is a reflection of the market ?? Do the volumes suggest that when we are just days away from the vote ??
I'll give you an example.
I am now waiting for a takeover cheque for EOC (Endocaol) at 38 cents or better (I am hoping for a counter-bid).
Weeks preceding the T.O announcements, the sp was smashed and kept there very frimed in the mid teens. It then rocketed to the low 30's.
Did I question whether the market was right ??
Based on your logic, EOC was on it's death bed.
What did Matty do ??
He bought more shares in the teens !
Check my postings, I correctly predicted the takeover.
I am not boasting here. Just wanting to give you an example.
Got to go. Enjoy your weekend.
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