There is going to be a LOT of small, medium and large transfers is most stocks for the next month as babyboomers top up their super. It's an excellent opportunity for them to claim up to $105k in tax deductions to offset against their CGT liability.
As far as TOX goes, on past performance there is no way TPI will pay current prices in a takeover. If it's interested it will bide its time and wait for a market pullback and pounce then.
If TOX stays ~$2.50 after July 1 i think I might cash in. Hard to justify current prices if no takeover is in play.
cheers
There is going to be a LOT of small, medium and large transfers...
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