IPL 0.33% $3.01 incitec pivot limited

Mosaic sep calls buying spike seems to suggest that fertilizer...

  1. 219 Posts.
    Mosaic sep calls buying spike seems to suggest that fertilizer companies are back in play.

    Vale originallu pulled out because of Brazilian gov't veto on Mosaic's Brazilian assets. Either Vale now has approval or someone else (BHP?) is fishing.

    Odd that it is the Sep Calls have the heaviest volume with only 2 weeks to expiry. Makes you ownder whether the current pull back in equities is a good opportunity for M&A in general...

    http://www.bloomberg.com/apps/news?pid=20601087&sid=aigpHigN4Kfk
 
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