Game on for Ludowici

A counter bid comes out of the blue, leaving investors who got in early with a handy return already.

PORTFOLIO POINT: Weir Group of the UK comes in over the top of FLSmidth, which could be in an interesting position if it tries to up the ante.

Ludowici (LDW). It looks like the first decent contested bid in months is infusing the market with confidence, and if you followed my advice two weeks ago you’ve made a very healthy return already.

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