Guy Hutchings Quotations

It has all the signs of a hostile bid, and for investors it has come as a bit of surprise. I would expect this to go on for some time, and looking at the stock prices of the two companies, it seems there is more in it for investors.

I think there's still a little way to go. If you look at the personalities of the characters involved, there'll be a fair bit more to come.

Trend is the friend in this market and certainly traders wouldn't like to bet against the commodity stocks in this environment.

There is now more of a balanced choice available between the management teams. But I still see shareholders sitting tight for the moment to watch how the battle plays out.

This is just step two of many in what could be a long battle.

The market would need some fundamental news to be coming through to be supported at these levels, otherwise we could see it taking its breath.