'Tis the season... for M&A 🤶

Upbeat overnight markets concluded that Omicron was mild, and SPI futures pointed to a decent open, but local investors did not really catch the vibe. Oil was firm overnight, and the Energy complex responded in kind, and closed up 0.7%. Despite being 22 December, we’re not finished with M&A news: Link up 15% on a Canadian bid; Charter Hall buying a 50% stake in Paradice was big news but investors not happy with a near-8% dip. Lithium was on the nose yesterday, but BTD for investors saw Pilbara Minerals closing up nearly 9%. In contrast, at the bottom of the ASX200 ladder, Falcon Metals was smashed on debut, down 37%. And with all that, with volumes shrinking fast, the ASX200 closed up 10 points.Our top three VODs:The one sure bet for 2022Reopeing trades at risk from rate hikesBen’s backing property but ditching a telco Hosted on Acast. See acast.com/privacy for more information.