STB south boulder mines ltd
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Yep only in Australia can you buy commodity companies at such...

  1. topcall44
    803 Posts.
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    04/10/11
    12:10
    Post #: 9045456
    Yep only in Australia can you buy commodity companies at such discounts, the instos don't have the courage to buy so its left to the retail to knock them about on absolutely minimal volumes.
    Re STB back of the envelope calc 105mill tonnes at $490 Potash price = $50bn in the ground value.

    Australia might as well put up a sign for China, "for sale commodity cos going cheap."
    STB Price at posting: $2.13 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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