why, page-7

Thanks Acamas

So your theory is that when ENI bid and Burren turned it down all the other potential takeover targets moved up in the expectation that ENI might pick one of them rather than persue Burren further.

The one day charts for all the companies I mentioned where almost in sink and moved up vertically just after 10am London time. Burren shot up 20% and the others moved up about 4%. I must keep an eye on ENI's next move.

Regards

Complex