Club Mulgoa

Wednesday, August 03, 2011

BOW

This CSG company has been in the doldrums. After participating in its SPP, it has been dismal. When STO made an offer for ESG, suddenly the market woke up to it.

And now a major bank is acting as an intermediary soaking up 5%. This is a sign of prospective takeover activity but you don't know who is the potential bidder. It is coming!

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