Australian (ASX) Stock Market Forum

SFE - Sydney Futures Exchange

GreatPig

Pigs In Space
Joined
9 July 2004
Posts
2,368
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Nice surprise this morning. Up 20% or more on the news of a merger with ASX.

Sold out at $17.xx (don't know exactly what yet, as I'm still waiting for NAB to generate a contract note! :banghead: ).

GP
 
Nice!

This was the first share I bought on returning to the asx....and will become my first sale.

It's nice when it gaps in your favour :)
 
wayneL said:
It's nice when it gaps in your favour
Isn't it just!

They should have had that as a Chance or Community Chest in Monopoly: Stock gaps up on your favour. Collect $500. :D

GP
 
Pushed back up to close at $17.95 - a gain of about 27%.

A great move for such a high-priced stock!

Still, I'm happy with what I locked in.

Cheers,
GP
 
GreatPig said:
Pushed back up to close at $17.95 - a gain of about 27%.

A great move for such a high-priced stock!

Still, I'm happy with what I locked in.

Cheers,
GP

LOL I'm not griping either. Must admit to being a bit surprised at the merger, but there you go ;)
 
so guys,
looks some of you sold on the announcement, :confused: why?

ASX will be returning about 100 million once the merger happens,isnt that a good thing?
Held on to mine,should I have sold?showing a 280%capital gain.Helppp
 
visual said:
so guys,
looks some of you sold on the announcement, :confused: why?

ASX will be returning about 100 million once the merger happens,isnt that a good thing?
Held on to mine,should I have sold?showing a 280%capital gain.Helppp

Depends on whether you are a trader or investor I suppose.

I just saw little opportunity for more upside in the short term, grabbed the dough and ran.

If you see long term advantage in holding, then that is a different thing.

Cheer
 
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