BRITISH LAND TARGETED BY ASIAN GROUP
British Land is a takeover target for a consortium of some of the richest families in the world. The group has contacted Credit Suisse bankers to prepare a possible bid for the property company which could total up to 10 billion pounds including debt. The consortium is believed to include Lakshmi Mittal and Abu Dhabi's ruling family, with British Land yet to receive an approach as the plan is still at an early stage. British Land reports its first-quarter results next week; its current share price values it at 4.1 billion pounds.
Learn something new everyday in this business and rightly so, didnt realise you could have a triple top or a double top in a down trend market/chart but then again when you think about it if you can have an inverse head and shoulders on the tilt then why not any other chart pattern. Cheers PTH.
Lads have a gander at the chart for CAL Capital and Regional, bought in first thing, what a corker of a chart.
CAL is indeed an excellent chart, but only 31m cap and quite a wide spread ..... care needed ..... haven't checked EMS etc on L2 but will do if you want
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EMS is 10k and 4/6 MMs so at least reasonable choice even if not very liquid, but spread is 3/5p and may well be diff to trade inside that as volumes are pretty small