DJS 0.00% $3.99 david jones limited

Hi 64,Can't argue with that.It's just that a big story was going...

  1. 9,408 Posts.
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    Hi 64,

    Can't argue with that.

    It's just that a big story was going round recently that based on value, DJS would be prime for take-over.

    Recent action may well be simply value investors moving in.

    Either way - accumulation appears to be happening; and shorters seem to be less interested. and the chart may be due for a reversal upwards. Who causes it would be immaterial. If a take-over bid is launched then a very sharp increase in DJS would occur.

    I'm not saying it will happen - but the chart is worth watching. That's all.

    Redbacka
 
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