offer for wmc this is eactly why MRE was running today. the market has factored in that if Xstrada's bid falls over, they may buy it instead. MRE is cheap anyway considering it has 30-40 years resource in the ground. The big X will be tested now, BHP can pay this off in a very short time. pity i dont own any WMR about now.
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bhp billiton-us$7.3 billion cash offer for wmc res, page-5
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