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Rumour says PEM (and our Chinese friends) will bid for CBH.I...

  1. tnabacus
    147 Posts.
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    10/01/10
    19:04
    Post #: 6183420
    Rumour says PEM (and our Chinese friends) will bid for CBH.

    I hope the CBH trading halt is for a JV deal with PEM on broken hill ore processing (in PEM preferrable terms). But given PEM spokeperson denied any potential, it is more likely it is a TO deal by Nystar.

    PEM Price at posting: 63.6¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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