Now the Investment Banks are getting just stupid giddy. MS thinks POT worst case scenario is 160, and that 200 could be in the wings.
So according to MS, the banks won't lend for a home, but they'll lend $60 billion for a take-out?
I don't mind when these boys pump a name, but 200? Give me a break! MS is a financial advisor to Rio Tinto. I think someone wants someone to overpay!
MS Morn Note
And least UBS is realistic about some of Potash's suitors intentions!