If it wasn't already word now def out after recent Macquarie...

If it wasn't already word now def out after recent Macquarie conference presentation. Expect brokers to lift earnings estimates substantially esp for 1HFY12. Macro is ideal, timing re massive lift in pumping equipment reasonable although 6 months earlier would have been ideal. Recent aquasition likely to not only be imediately earnings accretive.... it will synergise with rest of RQL and produce more orders and pinch wk from opponents. No serious competitor to RQL also gives one security that company will gain decent mkt share. The cream on the cake is that (IMO) it makes an ideal TO target for either MIN or ASL along with one other whose name escapes me. UGL, is also a candidate. SDM, WDS, NWH, and LYL are not inconceivable. Am def writing to MIN, ASL and UGL after yr-end report is published. SP should exceed 100c by then and possibly 115c. BUY.