As I predicted earlier, it's starting to get pretty aggressive out there in EQH land.
Could it be the SDL-Hanlong merger finally looking like it may go ahead (as reported in The Australian), which would add confidence to the iron ore & Republic of Congo stories? Or is it a confluence of factors, such as a tight register, further reporting in the wings as alluded to in EQH's report of this week. Perhaps there is something bigger & better going on in the background.
Who knows? Who cares? All I know is that EQH is currently pipping PVD to the IPO of the year (to the best of my knowledge) & looks like it has absolutely no intention of slowing down.
For the moment I'm strapped in, sitting tight and enjoying the ride.
I remember hearing many years ago that Ikin was one of Joe Gutnick's stockbrokers. It seems as though he may have learned a thing or 2 about wrapping up a share register & taking a stock on a gravity-defying run.
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