- I have flagged the stock on Monday because was trading on strong support level (50dMA)
- Rumor around today that Evonik could be interested by Croda - Evonik is doing a road show today...
- see note attached of HSBC from yesterday, they are pushing teh stock on few points
* Raw material re-inflation an upside risk for Croda…
* … and a negative for richly valued flavours & fragrance
players while customers start to see more demand tailwinds
--> See note attached