IPL 1.40% $2.90 incitec pivot limited

forget rio 2008 will be about the ag miners, page-5

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    Weakness from subprime sell-offs continues to be met with strength. The funds need ag exposure and many would be unhappy with their current levels of leverage. The unfortunate reality for the funds is that there really isn't enough liquidity in the soft commodity sector for major positions.

    Now it is clear the major effect of subprime and credit crunch jitters is it always presents value in shares whose underlying earnings are set to skyrocket and surprise even the most bullish on the agriculture boom.
 
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