In a sign of the commodity frenzy, a Hong Kong limo company attempts to remake itself, bidding...


In a sign of the commodity frenzy, a Hong Kong limo company attempts to remake itself, bidding for 2 money-losing Australian mining operations. "The absolute peak of an industry," says a Melbourne fund manager who owns shares in one of the miners.
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  • Duke67
    , contributor
    Comments (142) | Send Message
     
    1929 Deja-vu?
    18 Apr 2011, 04:24 PM Reply Like
  • Cincinnatus
    , contributor
    Comments (6187) | Send Message
     
    It seems just as likely that this could be a variation on the Chinese reverse merger scheme. To say it's all commodity frenzy could be misstating the motive.

     

    blogs.forbes.com/walte.../
    18 Apr 2011, 04:31 PM Reply Like
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