evidence a takeover could be coming...

There's been a plethora of CXXT trading in SLR of late, including today

CXXT stands for a Centre Point Crossing order

They are mostly used by the top 10 instos

The attached document is of interest, particularly p.7 of 8

http://www.asx.com.au/documents/trading_services/centre_point_market_impact_research_paper.pdf

Have a look at the Top 10 stocks for Centre Point Crossings, and tell me how many are still around in their previous form

1. ITO (formerly MIG) taken over by a Canadian pension fund

2. AOE taken over by Shell/PetroChina

3. IIF taken over in April 2011

5. AXA taken over by AMP

7. CEY taken over by Banpu

8. HSP taken over in October 2010

There you go, 6 out of 10 (including the Top 3) all taken over

DYOR

Cheers



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