The scenarios are getting ever more confusing to me. It doesn't help when a certain media outlet is speculating RIO can have special treatment regarding 20% ownership. I take that as sensational reporting. RIO is focusing on RIV which it is also trying to win over holding % so maybe hedge fund spec money is not so bullish today until some signal from lurking bidder/s. Volume has not dropped so far so I guess the interest is still there. I think I'll sit and wait instead of trying to guess what the outcome is. At this stage it could just be a JV because there are just too many games being played with different interest amongst stake holders.
2 days of KAH price improvement resulted in bullish rally of EXT. Last night it went backward replicating here. So maybe we have to look at the sentiment of KAH for price direction.
EXT Price at posting:
$10.56 Sentiment: Buy Disclosure: Held
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