NSE 0.00% 0.4¢ new standard energy limited

takeover probablities, page-13

  1. 3,609 Posts.
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    Rather than wait a month or two before the SP reaches a dollar, a TO of a dollar tomorrow will take out 1 or 2 months worth of trading.

    It wouldn`t be accepted, but i see the scenario as a sort of ST positive, the SP has jumped 30c without an issue and will form the next base, it will come to the attention of many and may gather more momentum.

    BUT, would it get stuck at a dollar waiting for the next offer and would anyone show there hand as yet ....knowing that that was an opportunistic bid and damage themselves for further bidding.

    Theres been talk of T/O for SXY for the past 2 years and nothing has happened from 40c to about $1.00, perhaps like NSE.....more results are required.

    All in my novice opinion.
 
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