whats really happening

....Londoner...
...When i was a shareholder of LRC and a large one at thats,it was trading at 1.3 cents prior to the 2 cent takeover....My entry was 1.5...
....On news of takeover it rose similar to SBL to around 1.7 then over the proceeding weeks it ran to above 2 cents...
...The stock also had been around 5 cents but a dismal market saw it fall to 1.3 where i believed it was a bargain....
...In short i sold at 2 cents happy with the profit and many complained saying the takeover was too cheap....
...But in the weeks that followed, the same timetable as SBL, saw LRC shares rise during the takeover period to 3.5 cents and i believe at the last week were over 4 cents....
...My point is we were at 1.3 cents here with SBL last week and it was looking not good...
...Now we have a takeover and it is much better....
...LRC was a company with exact same management and takeover as SBL now...
...I think its good of course for holders who paid above 4 cents who knows....
....But the point is this is the spec market and not all a re winners....
...Imagine when i bought ANZ during the last GFC at 12 dollars....Some had bought those shares at 25 dollars...I sold some at 14 dollars and now they are 22 dollars...
...This is not managements fault its the markets...
...Enjoy
...RB