RIO and BHP management are accused of flooding the market to break the single commodity exporters like FMG. Now the largest of shareholder of FMG is cleaning up the debris to take a holding in AGO. This opportunity for AF would not have presented itself without the actions of RIO, BHP and FMG increasing supply.
All these CEO's/directors should give each other a pat on the back since they aren't the ones taking a hair cut.
Shareholder return = zero
AGO Price at posting:
12.0¢ Sentiment: None Disclosure: Not Held
