@exchanger
Because the takeover price is not fixed and only has a small cash component, it is heavily tied to the price of RMS. RMS is up, so SPX is up too as the value of the takeover is effectively higher. Whatever the RMS price does right now effects the SPX price more than anything.
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- ASX - Day Trading
- Morning Thread 24/02/2020
@exchangerBecause the takeover price is not fixed and only has a...
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