...here's a wake-up call for any investors that haven't realised it yet: http://www.ft.com/cms/s/0/f0e0b39c-df8b-11df-bed9-00144feabdc0.html
Shares in SGX, the Singapore exchange, fell nearly 7 per cent after it unveiled an agreed A$8.4bn (US$8.2bn) offer for Australia’s ASX in a deal that would create Asia’s second-largest exchange group...
By comparison, the market cap of the LSE is £2bn (A$3.2bn at current exchange rates)
Mark
I am a full-time private investor... with a little trading on the side (generally small-scale arbitrage in specialist niches). Previously, I spent 24 years in the IT industry, 13 of those running my own IT services firm. I invested as a "hobby" for 20 years before turning it into a full-time occupation in 2004. I really enjoy the "research" side of investing, finding out about varied businesses and industries and learning what makes them tick. Since going "full-time" I have learnt an awful lot from some very erudite investors & professionals who are kind enough to share their expertise in electronc forums such as this. I can now count a number of them as my friends, having had the opportunity to meet them in the real world, as well as this virtual one! I try to pay back the debt I owe by sharing what I've learnt and I always value constructive criticism to correct my errors and misapprehensions! I am a Director of ShareSoc, the UK organisation for individual shareholders. See below for details. more »
