Potash’s door open for higher BHP bid
Posted on August 17th, 2010 in aus, aussie dollar, cent, micro cap, penny stocks, Penny stocks online, perth
THE world’s biggest fertiliser producer has left the door open to higher bids, after rejecting BHP Billiton’s $43 billion offer as too low.
This post has 2 comments
August 17th, 2010
Seems like a good move for Potash. Sometimes, investing can come at the right place and time.
September 3rd, 2010
Yes I agree, In all the media that I have read the authors are speculating that BHP Billiton will have to come to the plate with a higher bid. There is also speculation that RIO could make a counter bid but it is unlikely.