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12/01/10
17:53
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Here's the thing.
If mangement want to use Ord to buy other assets they need to leverage of a high market cap.
You can't make a play for something when you carry no value. ie Far tried with Gwr.
The ace up their sleeve is Laos.
Consider Chinese just bought into Bau to potentialy fund A $1.5 billion bauxite refinery in WA.
You see the potential is there for a significant re rating on Laos
if mangement share the same view
As many have said Laos was given to Ord.
This implies they gave Ord a stake in a significant asset to attain value elsewhere.
Once further news about Laos arrives I believe Ord will fly like the clappers
regards
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