Dwecke2000,I have not read it but Do u or anybody know how the Financial Times dreamed up the forward PE for PEM of 14.6 and for CBH 7.5.I am very curious as to how these figures were calculated. You are obviousley very keen on CBH and that is your right, however I firmly beleive (taking into account production downgrades at B H which is through no fault of there own)that PEM are a long term buy with great assets in the ground and will definatley survive with or without CBH.You dont think for a minute that CBH would be in discussions with PEM unless there was defenite advantages in it for them do u.In regard to 2 CBH for 1 PEM thats absolute rubbish, but u are obviousley hopeful.
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