22-05-2014, 10:47 AM
(22-05-2014, 09:09 AM)CityFarmer Wrote:(22-05-2014, 07:34 AM)greengiraffe Wrote: I think smart $ has already started to reallocated their exposure from CMA to other big cap index components and potential rebalancing inclusions.
I concur.
The privatization of CMA, will release huge amount of smart $, which significant portion of it should be rebalanced into other similar stocks e.g. FCL
(vested)
CMA intended takeover and delisting was announced Apr 16.
Which coincides with the beginning of run up of FCL.
Brilliant! Wish you had posted this insight in the forum earlier...
[Image: fclchart_zps99bad10b.png]