Yep glad I held not just sold at 450. My order cleared at 470 and its come down all day, maybe I should have rebought just now. Ive kept some back and I own CNA and BG anyhow, I think CNA is probably a buy especially if Labour dont win as that'll raise it some Im guessing
So if BG has a certain offer at 13.50 why has it also dropped today, is that a buying opportunity. Seems too easy but I have seen it before, mergers can be barred so theres risk.
In fact theres a whole industry where they trade arbitrage risk between two shares that in theory are linked, like BP london vs BP NYC
Its how the first big bust /bailout occurred late ninites, the risk blew up on them
Seems playing big shares once again the easiest game in town. This BG deal raises the price on every oil stock seems like. We are walking in giants footsteps
http://linkis.com/www.theguardian.com/Pt8dE