AGM 0.00% $1.60 australian governance & ethical index fund

good try andrew michelmore , page-52

  1. 236 Posts.
    buddy ,

    using that analogy of BHP and WMC I hope we don't end up down the same path. . Don't think that is needed.

    One problem is jinc(chinese connection)
    Seems like their taking up blocking stakes in companies that they want to accumilate over time.(money isn't an issuse supply is) Don't think i like the idea of a very large multinational taking v/small blocking chunks of good prospects
    and then systematically gobbling them up . How would our market/country look in ten years if this was the case. ie most good nickle proviences gone.
    Hope like hell that the boards are talking and looking at the synergies.( oh and that damn money thing too)
    on a post note it looks like BHP willl need about 20 bil to exapnd olympic dam(NOV 2007) ouch and ouch again
    mabey MM sees the cap ex costs soaring in expanding mine output and exploration
 
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