There is nothing like a good back-door lisitn gto make a quick buck on the market. My last success was IIG which went nuts when it changed from a marketing company to a gold miner. And it might turn a profit to one day with its gold mining proposal near Charters Towers.
Today the poor old CEC Board have pulled the plug on its mortgage lending business (due to having the RAMS model I would say) and has announced that they are seeking 'alternatives for the company'. The King is dead - long live the King. So what will the new 'alternative' be -
A. gold explorer;
B. coal in Indonesia (a favourite);
C. Uranium in Eastern Europe; or
If I knew how to install the voting buttons, this would be even more fun!!
Anyway the suspense is killing me. Keep an eye on it guys and gals as these type of 'change of direction' plays can be rewarding.