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The most important news of recent days, writes Akram's Razor, was the $1B buyout bid for...

The most important news of recent days, writes Akram's Razor, was the $1B buyout bid for debt-laden Australian iron ore miner and steel producer Arrium. It suggests the point at which beaten-up metallurgical coal names and leveraged iron ore and steel producers become bait for mining giants or Asian/Middle Eastern buyers has moved closer. Some obvious picks: ANR, WLT, CLF, or X.
Comments (3)
  • Why not tell us at what price does Walter energy become attractive?
    2 Oct 2012, 01:37 PM Reply Like
  • Invester
    2 Oct 2012, 02:01 PM Reply Like
  • I am voting for Mitt.
    3 Oct 2012, 03:50 PM Reply Like
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