XMD 0.74% 10,636 s&p/asx midcap 50

BWX is now trading at 4.50 which is same as the SP prior to...

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    BWX is now trading at 4.50 which is same as the SP prior to takeover offer. If TO succeed at 6.60 it’s a quite a premium to current SP. if it fails current SP still seems to be a good value for longer term. In that sense I see value here..

    Having said that I am wondering if this a falling knife or an opportunity. Any comments ( TA or FA) will be highly appreciated..
 
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