Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Perhaps it is a sign that i have been kicking around this investment game for a good few years now, that nothing in today's deadwood press seemed particularly new. It was last Sunday r that I felt compelled to call out those pleading for the government to block the mooted takeover of Cobham (COB) by a US defence name. I see the lobbying has now spread to the founding family...who now own 1.5% of the shares. Well if they owned 30%, 50%, 75% or - let's be radical here - 100% of the business then their view might be more influential. When you play the capital markets game of selling shares in exchange for capital to invest and grow your business, then you open yourself up to other possibilities...like a takeover. See last week's piece for a take down on why putting up capital flow barriers - especially to long-established friendly nations - is simply bonkers.
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