Not completely applicable... but related especially as our take over was USA based ... big smart money (NYSE) is pilling out of tech from 2017 into yes oil and energy for 2018...
Maybe some of that "Big Money" will load up.. down under
**Despite December’s volatility, it is safe to say that 2017 was the year of the tech stock “Computers and Technology” group has gained over 29% year-to-date, outpacing the respectable 22% gain of the S&P 500.
To date, the energy sector has gained a measly 1.84% in 2017, and that includes a strong surge over the past month. Based on the latest momentum and earnings outlook, it is hard to imagine this sluggishness continuing into the New Year, especially considering the market-wide desire to explore non-tech options we have started to see.**
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Not completely applicable... but related especially as our take...
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