Yes its up on a 7bill writedown.......
This is because the share price has dropped over 50% incase the doomers are not aware so we have moooooooore than factored that in.
Like i said samarco is pure irrelevance and you guys cant stop talking about a couple of bill in clean up.......as you can see today for this powerhouse company this is no1) chook feed and no2)already factored in share price.
Today share price move reflects the above.
and iron ore at 15 and oil at 15?
yes just like the housing market is going to crash? i guess they go hand in hand bhp $5 and house prices crash 80% and how long have you guys been waiting?
get on board the $30 train.
Buy the world ending fear.
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