what we can expect today

Morning all,

Another beautiful day in paradise and a warm offshore breeze makes Boni Beach look magnificent.

I expect details of the Hanlong bid today.

I think it will be 0.57 cents but one of the conditions will be sdl securing the mining agreements.

Hanlong is nervous imo of spending $1.7 billion dollars without them.

This bid will then take some time to wrap up and in the meantime we shall see if anyone else is interested.

Dow tanked again overnight - might be some bargains around in the next couple of months when we get our money.

Having said that, I thought that last time and bought too early.

I thought CBA shares were cheap at $35 and they fell to $24 - bargain of the century during the last crisis.

Good luck all - this forum will be disappearing soon :)