For the newbies and those with short memories,Whne Xstrata stole...

For the newbies and those with short memories,

Whne Xstrata stole MIM from the aussies they did exactly what is happening here with HDR.

Got a limp wristed board to sell the sliverwhere for chump change and stacked the buy side with u boats and soaked up all the stock and that was that.

They tried to do it again with WMC and almost got away with until the 11th hour when bhp showed who was top dog and blew them out the water.

I personaly think the MIM story is going to be repeated with HDR ? I dont see a Knight on white horse coming ? but having said that I dont see the Tullow bid falling over either so we may as well hold for another couple of months and see if the chinese have a trump card up their sleeves