TA - BBG, plenty of momentum heading into Friday's close and there seems to be strong evidence that there may be a few suitors who are betting on a revival in the retail environment and wants exposure to the US. There are suggestions a bid could come soon as Gordon Merchant is back in the country next week and you would imagine if there is too much heat in the stock it may flush out the buyer sooner rather than later. $2 is the target, with relatively little downside in comparison to the upside (held)
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- weekend short term trade lounge 6th-8th july
weekend short term trade lounge 6th-8th july, page-9
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