Dumpty seems to be giving you a hard time, so let me say, I tend to align with your view. eg manageable aquisition for BHP if Aluminium is stripped out. Remember Alcan is just beginning to go through the RIO transition, so that wouldn't be too difficult to divert. All the approval stuff has been sorted by RIO, so fairly straight forward. Also as RIO has demonstrated this week, some billions of $$ in capital having to go into Alcan assets.... nice to not have to carry that over to BHP-if that's the way it's going?? Besides, if BHP can avoid transferring the premium price tag that RIO paid for Alcan, then that would be a boost for BHP shareholders. My opinion only. And like @#$$holes, everyone has one!!
RIO Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
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