Q: Hi Peter,
I am liking the takeover frenzy in the market these days and I liked your article about booking profits while the takeover rumours are still alive. I lost some money in Avon expecting it to be taken over however I made many times more in Miranda.
My question is on a few companies that might have some takeover winds blowing. Specifically what do you think about OCQ which produces SSD drives, BBY and XRC which is in the gold sector with the lowest value per ounce in the ground 76 cents in cash, and 30 million or so gold resources trading at only 1.40.
Thanks
Imtiaz
I am liking the takeover frenzy in the market these days and I liked your article about booking profits while the takeover rumours are still alive. I lost some money in Avon expecting it to be taken over however I made many times more in Miranda.
My question is on a few companies that might have some takeover winds blowing. Specifically what do you think about OCQ which produces SSD drives, BBY and XRC which is in the gold sector with the lowest value per ounce in the ground 76 cents in cash, and 30 million or so gold resources trading at only 1.40.
Thanks
Imtiaz