How's this for a theory??, page-92

Everywhere you look you see the same suspects........ This is why they do it!!!!! Have a look at the value of business they are able to "clip the ticket" on the way through..... sometimes many times over. The retail investor is just canon fodder.

DJ UBS Tops Advisor Table in Busy M&A Year in Oz -- Market Talk
0329 GMT - Macquarie was toppled as the top M&A advisor on Australian deals last year, pushed to 8th in Mergermarket's league table as UBS rose one place to the top. JPMorgan surged to 2nd from 13th and Goldman Sachs moved up a rung to 3rd. Australia's M&A activity reached A$113 billion ($91 billion) across 580 deals last year, the second-most by dollar value since 2008 (behind 2015) and a record volume-wise, adds Mergermarket. Inbound activity hit records at 243 deals worth A$80.5 billion. Energy, mining and utilities was the biggest sector overall. It saw 77 deals worth A$37.1 billion. ([email protected]; @RobbMStewart)
(END) Dow Jones Newswires
January 24, 2018 22:29 ET (03:29 GMT)