Agree on ASIC but that’s house rules and nobody forces us to the...

Agree on ASIC but that’s house rules and nobody forces us to the poker table.
Another BPT acquisition doesn’t necessarily mean negative news for them unless they overpay, which on past form is unlikely, but it smells to me just like the trading around their Lattice acquisition, where the prospect of a rumoured CR sent the SP down, so could just be the same again. As it transpired there was a CR aspect, but the SP then went from 75c to $2.20s largely because they got such a good deal and had the management to make the most of it. Now that’s bedded down, they have made it common knowledge they are after anything else that looks cheap. As I say, may have nothing to do with SXY other the usual relationship, but certainly worth paying attention to.