Thanks Theinc, but credit must go to Merrill Lynch for doing the legwork on this one.
It does however confirm suspicion that the current commodity equity sell down is way overdone. Especially for bulk commodities less exposed to the spot market!
Cheers
UIO
ml bulk commodity implied valuations, page-3
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)