"Rumours of a potential takeover" I target distressed companies...

"Rumours of a potential takeover"

I target distressed companies when they are removed from the all ordinaries index.

I pick the ones with good fundamentals for the future, that don't have a lot of debt,

My experience is that quite a number of those companies are swallowed up by preditors at a premium in the short time, before they reach their full potential, but not until their bounce off the bottom is established.

I hope we will have to wait a while for a takeover to emerge.

"Reasons why 'Shares Held' can exceed 100%"

One would need very big hands to hold more than 100% and a very small brain to buy more than 100%, That's a bit like " Heaven" the preverbal "Pie in the sky"