EXT 0.00% 0.8¢ excite technology services ltd

Hi Gero,"Does this mean that other buyers are now looking to...

  1. 326 Posts.
    Hi Gero,

    "Does this mean that other buyers are now looking to take a position hence the price rise, or is the market looking at the JV as a positive move?"

    What it does mean is that, for once, we've been a bit slow in not spotting this until now (or maybe some did spot it & didn't want to say, whilst they bought mmore shares :0)). Clearly all the instos will have known. Even those that have never heard of Extract may have taken a look, once they read RIO's report.

    No wonder the shares have been in demand this week! Cat's out of the bag now.

    Cheers,

    Mark

 
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