REH 0.70% $25.75 reece limited

Ann: Acquisition of Morsco and Capital Raising Presentation, page-46

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  1. 2,589 Posts.
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    I think the elephant in the room is the market moving from climbing a wall of worry (housing prices, China fears, consumer indebtedness, lack-of-recession syndrome, lack-of-wage-growth syndrome etc etc) to a realisation that economies, here & abroad, are humming along nicely.... and perhaps, just perhaps, the very beginnings of euphoria.

    And a euphoric market loves acquisitions.

    Roll out the barrel!
 
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