It appears there is speculation in the industry that BHP are going to have another crack at taking over Potash Corp. There is another article on globeandmail.com as well although I cannot access it as I'm not a subscriber. There doesn't seem to be a heap of substance from what I can see but the time could be right for a bit of corporate activity in the potash sector? Prices appear to have bottomed out and usage has been sharply up of late. Could be just what RWD needs to make its next move?
http://seekingalpha.com/news/1674353-potash-corp-speculated-to-be-targeted-again-by-bhp-billiton
Potash Corp. speculated to be targeted again by BHP Billiton
Apr 15 2014, 08:36 ET
Potash (POT) +2.3% premarket on speculation that BHP Billiton (BHP) may make another run at acquiring the fertilizer company after failing in a prior buyout attempt in 2010, according to the Globe & Mail.The report says industry speculation is "intense" because "the numbers work, the personalities are closer to working, [and] even the politics are not insurmountable because the landscape has shifted," but it adds that "there is no sign that any potential deal is underway."
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Last
4.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.88M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.6¢ | 185900 | 1 |
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| Last trade - 16.21pm 19/09/2025 (20 minute delay) ? |
| RWD (ASX) Chart |
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