On the remote chance that iron ore stays up and it ever makes money, the contractor shareholders take the lions share. Why would anyone be buying into this. It seems a little oppressive to smaller shareholders that a group of big shareholders of the same class of shares can receive such a disproportionate advantage. Did I just inadvertently allude to something with the term "class" in it? Better not let the cat out of the bag now.
Same jockeys attempting to ride it. What's to stop the image conscious promoters from staging another 40 acquisitions now that the advisors aren't getting their expected returns? And remember whose company it is in the eyes of management - it's theirs, not yours.
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