Japan's Softbank Chairman & CEO out on the wires 18 July 2016
No, of course not. I mean, who would possibly thought that ?
- met the ARM chairman two weeks ago for the first time
- first approach made then
- all due diligence done since then
Ok, so the EU referendum was on 23 June. You can do the maths. 7% more expensive share price vs GBPJPY of a far greater magnitude.
Here's a clue
Coincidence ? I mean, I'm no conspiracy theorist but someone give this guy a bigger shovel to dig himself out of this one.
I think we can safely say that the £17bln GBPJPY cash buying requirement has already been done on the way down/near the lows.
