northern energy (nec), page-34

  1. 372 Posts.
    re: nec - best of luck guys. 1352 [Dow Jones] Coal stocks all soaring since last Wednesday, while takeover bid by

    Centennial (CEY.AU) for Austral (AUO.AU), and operational expansions by Macarthur Coal

    (MCC.AU) and Excel (EXL.AU) all helping sentiment, appears market rumors also fueling

    rise, with broker saying coking coal players may be targeted for takeover offers by

    offshore companies - "There's talk that Indian steel mills may be interested in

    them, trying to get some vertical integration." CEY latest up 4.8%, AUO up 3.7%, MCC

    up 3.7% and EXL up 2.7%. (WEL)

 
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