winston wrote:@guru Now the 'donkey' seems to have bolted. Question is:
1) Is it rising simply because the market is rising (even dirt rises with the tide)?
2) Is there non-public info on possible liquidation?
3) Is it a candidate for back-down NSE entry by one of the non-listed banks ala I&M and City Trust?
@Winston None of the above...
Olympia has risen 50% in 2 weeks and in that period the market has been flat and falling so it is definitely not "dirt rising with the tide"
Olympia simply has an EPS equivalent to CIC and access so there was no reason for it to trade at below 4bob while CIC is at 5.4 and access at 8.90
The Olympia play at 4bob was a no brainer after witnessing the previous rallies!
Mark 12:29
Deuteronomy 4:16