SPO
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0.00% $1.71 spotless group holdings limited

The reason why we are not hearing much news on the M&A front is...

  1. yanlin
    6,207 Posts.
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    02/02/16
    14:40
    Post #: 16922850
    The reason why we are not hearing much news on the M&A front is due to the relatively strong A$. We won't see too many international players looking at SPO whilst the A$ is above US$0.65. We have some more $$ depreciation to come before punters speculate on a takeover of SPO - IMO.
    Price will be flat to weak for a little bit longer.
    SPO Price at posting: $1.02 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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