Lonmin takeover speculation wont do any harm to PGM stocks .If there is a bid ,I think it will send companies like NKP and PLA crazy .
Lonmin have a market cap over $5bn US . Every time a large company is taken over ,there is bags of cash that institutions need to reinvest ,and the bulk of it would be reinvested in the same sector . The spotlight would be shone over the next up and coming stars ,and NKP would be up there with the best of them .
NKP Price at posting:
37.0¢ Sentiment: Buy Disclosure: Held