james rajasa Tue, 06 Nov 2007 22:52:47 -0800
CS & BK are racing to buy BUMI today so as not to miss oil hike. PTBA now well over double BUMI price, whereas BUMI was once 70% of PTBA price. With a fraction of 50 to 5000, every price movement is 1%, so the increase will be hefty.
Just a thought,
