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tipster
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23-Jan-2007 15:33
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This big company has interest in fabchem. It subsidiary bought 0.70 cents a share and fabchem valued at market capitalization of approx 163.8 million. Total investment in fabchem is 49 million and is major shareholder. Thye have large network to enchance fabchem distribution and business. Good potential. Dyno Nobel (DXL) Shares RecommendationStock analyst Macquarie Research Equities (MRE) have retained their Outperform rating for the Dyno Nobel (DXL) stock with a share price target of $2.73. Key DXL company events to watch on the horizon according to MRE are "i) the finalisation of structure of potential QNB expansion including whether CSBP is involved, 2) potential acquisitions and other growth initiatives (ie Fabchem, Asian and Latin American re-entry), 3) October AGM." |
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