Article in the Australian suggests takeover of HZN by larger suitor.
ROC has enough on its plate, can't see them taking out HZN even though it is trading well below fair value (I hold both stocks for the same reason) but would be less enthused for ROCs sake at a TKO price for HZN where it may be, mid 50s?
I'm hoping this pans out as larger suitor taking over HZN for the PNG assets & divest HZNs chinese assets to ROC?
ROC Price at posting:
45.5¢ Sentiment: Buy Disclosure: Held