It was a 12billion dollar company poorly managed worth a lot less now.
The assets will be owned by the banks who will sell them to the highest bidder with FIRB approval.
The deal wont be passed by THE FIRB as it stands, the market knowns this. BHP knows this.
They will pick over the ashes when it goes into Administration.
The smart people and taking there money and running.
The people you should be mad at is your management, they're still getting paid.
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