Quote:
Originally Posted by samu43
A mere guess is considering they are in the same sector and the hope (or reality) that Intercontinental will do well when listed, Union homes will head north as well. This is purely an observation of what happens in the NSE.
Gurus, please add any comments and i equally stand to be corrected.
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you are very right becuase that is how the market has been operating. when REDSTAR and NSL came to the market, you will recall the high demand for the shares of TRANS-NATIONWIDE that the market has refused to buy before then. so it is market normal for investors to be taking position in union homes.