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potash corp bid from bhp will fireup asx co's, page-7

  1. nuckles05
    154 Posts.
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    18/08/10
    03:44
    Post #: 7031193
    dow up +165 points, due to bullish bhp bid.
    excellent news for agri co's - consolidation of the big players
    medium to long term, MAK will get snapped up - once exploration and development / financing risk has passed
    wheat prices at relatively high prices for the medium term,
    DAP / fert prices to follow upwars trend - RP pricing to follow with a slight lag

    all pointers heading north for MAK.... after quite some time of being very frustrating to watch!
    AEV Price at posting: 26.3¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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