map chairmans talks up 1 billion warchest

"The chief executive of Macquarie Airports says the business outlook for the company remains robust and has a $1 billion-plus war chest at the ready for takeover opportunities.

"We are well funded with $1.2 billion in cash and are looking out for good opportunities to make acquisitions," Kerrie Mather said in a speech in Sydney on Thursday.

Ms Mather said there were significant opportunities to improve airports in the United States."

http://news.smh.com.au/macquarie-airports-outlook-robust/20080410-254z.html

About time that Macquarie bring some attention to the stocks they manage. Most are in a good position and have quality teams behind them.

Hopefully the attention will give the stock the boost it needs.