Don't think Glen is a takeover target
Closed the shorts -- finally I am slightly long again. The recent volatility has been useful for me to double up the shorts and close em --- just lucky there was no takeover of glencore in the meantime !!!
this will be a ÃÂ£3+ stock summer next year - got a smallish position at present - but because I put most of my available funds into sky for dividend since last Tuesday - however been fortunate with ÃÂ£ fall as increases chance of sky takeover by fox so have had decent return so far ---
My favourite sector is mining
And glencore has been my most profitable return ever - I agree with tsmith2 that confidence in sector plus progress with glencore let alone divi return next year - china and emerging mkts this is a fantastic play only concern is reaction to trump when/if he wins and dec fed
I still have 100k but your correct - I bought shit load of sky on Tuesday as goes ex divi next Thursday at .2095 a share but I was lucky as they have also jumped as ft article possible fox takeover
I quite often play short term divi game