Very interesting potential here with RUM & MAK having a MC of around $60mil each and NUP with only $16mil and an extremely viable phosphate source, the potential size of which is looking substantial.
Now would be the time for any likely suitor to make their move. IMO an interesting few months ahead.
Points of interest: 1. Topete now control nearly 7% of the shares 2. The Cook's may have further personal holdings through their Super Funds etc. 3. You would have to think that Farmworks (because of the Cook's interest) will be influenced to get into the Phosphate sector in some way. 4. But best of all, what potential aspirations has Zhejiang XinNong Chemical, the Chinese chemical company that was responsible for the 15% share placement in FWA last year?
Worth giving some thought to guys.
SH
NUP Price at posting:
3.6¢ Sentiment: LT Buy Disclosure: Not Held