macbank recco

Just released:

http://www.macquarie.com.au/wasp/dailytrader/dailytrader_dttradingpickofday_1.htm

This bit is very interesting:

Global “Targetting” or Global Target
MRE believe that OZM will be aggressive in their growth strategy underpinned by brownfield expansions – i.e the development at Prominent Hill and Greenfield projects incl. Dugald River and acquisitions. However MRE also indicate that the merger will likely position the firm as a target for even bigger suitors, namely Teck Cominco and Xstrata.