Recent Reports of CITIC an interested buyer of Aquila's iron ore and coal assets make it a safer takeover play IMO due to China's huge monetary reserves, and as faraway as you can get from the dried up markets of Wall-street etc.
Expect the unexpected from the chinese, remember when LNC was going down and all of a sudden a 1.5bn deal out of nowhere for coal.
These yanks love playing hard ball - Just get on with it already and quit fart arsing around, come clean and bring out all the ghosts from the closet and we can all get back to work, DYOR cheers,n
AQA Price at posting:
$8.07 Sentiment: LT Buy Disclosure: Held
