Why the lag?
$Boustead(F9D.SG$ Boustead Project has moved to 0.98 and we are still at 0.87. Why is Boustead not catching up?
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maxlim : Cos the market feels that B will up the price for BP.
Templereefer OP maxlim : I see. Thanks
maxlim : B has up the price for BP but at a lower price than what the market expected. If the deal is to go thru (which I suspect the independent will support), it is likely that the current price for B is on the low side. If deal cannot go thru, expect the price of B to drop a few cents.