Guy Hutchings
Guy Hutchings
bit expect hostile investors looking prices seems signs stock
It has all the signs of a hostile bid, and for investors it has come as a bit of surprise. I would expect this to go on for some time, and looking at the stock prices of the two companies, it seems there is more in it for investors.
against bet certainly commodity friend market stocks traders trend
Trend is the friend in this market and certainly traders wouldn't like to bet against the commodity stocks in this environment.
available balanced battle choice management moment plays sitting tight watch
There is now more of a balanced choice available between the management teams. But I still see shareholders sitting tight for the moment to watch how the battle plays out.
bit characters fair
I think there's still a little way to go. If you look at the personalities of the characters involved, there'll be a fair bit more to come.
step
This is just step two of many in what could be a long battle.
coming market news otherwise supported taking
The market would need some fundamental news to be coming through to be supported at these levels, otherwise we could see it taking its breath.