MAP microba life sciences limited

map chairmans talks up 1 billion warchest

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    "The chief executive of Macquarie Airports says the business outlook for the company remains robust and has a $1 billion-plus war chest at the ready for takeover opportunities.

    "We are well funded with $1.2 billion in cash and are looking out for good opportunities to make acquisitions," Kerrie Mather said in a speech in Sydney on Thursday.

    Ms Mather said there were significant opportunities to improve airports in the United States."

    http://news.smh.com.au/macquarie-airports-outlook-robust/20080410-254z.html

    About time that Macquarie bring some attention to the stocks they manage. Most are in a good position and have quality teams behind them.

    Hopefully the attention will give the stock the boost it needs.
 
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