My waters tell me something big is brewing and it’s going to take maybe a week or so longer before we hear anything due to what’s going on in the background.. If we get to Friday and have no announcement and Sarepta still hasn’t announced what they are doing with $500 million then I’m gonna say there is a high chance of collaboration/takeover.
Some may find it interesting but often before a company is taken over on Hotcopper there is a lot of speculation and radio silence from management and the announcement never seems to come.. Look up Queensland gas on Hotcopper and check out the posts from 2008 pre takeover.. they got bought out for 5.6 billion by BG group and all the posts on Hotcopper the weeks before are based on how holders have been left in the dark and don’t know what’s going on. I imagine many of them sold after waiting weeks with no news only speculation.. literally some of them only had to wait another day and they would have made a motza..
Anyhow take a look. The posts oddly resemble what I imagine people on here will be saying this week if we have no news.
Just remember what happened to those who continued to hold.
