Yes! Imagine if we were running Xstrata and needed to send back to Suisse in our monthly report that "some other company had bid for CDU which is our next door neighbour." Old Mick Davis [good chap] would be looking pretty silly in the eyes of his Euopean bosses. Particularly when some junior in the Xstrata back room had written a report showing that the value of CDU was between $A25 and $50 per share and had suggested his company should bid following the release of the CDU JORC. Conix
CDU Price at posting:
$3.22 Sentiment: Buy Disclosure: Held
