RE:RE:RE: Phoney markets !Yes, ask yourself who benefits from all the trading daily. It is the brokerages and the market makers. Hence short-selling, derivatives and all the rest.
If you are a routine buy and hold (like yours truly) the brokerages won't make much money off us.
Agreed, Paul and the BoD and RIO or other suitor(s) need to focus on the cost to buy the entire lot of stocks, not just a round lot here or there at the margin. A suitor wants to offer us a 30% premium on the 20 day trading average? Big deal, juniors can swing 30% or more in a month just on their own.
Discount to NPV is the only way to sell Casino, case closed.