You brought a house.
In comes the GFC.
We hit the bottom of the market.
The market is showing a recovery with Analysts providing indicators that is showing recovery, builders are starting to raise thier prices, land value are starting to go up.
Some one offers you a low ball price for your prime realestate.
UMC the house
The market is showing a recovery in the iron ore market.
UMC have a comercial deposit that the chinese want to get involved in.
To accept the BHP offer goes beyond stupid IMO.
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