RIO 0.44% $115.70 rio tinto limited

marcus padley comment

  1. 1,522 Posts.
    Tongue in cheek 2011 thoughts...."RIO hits $200 per share on cheeky BHP bid"...........that would be nice. What concerns me is the restrictions of 'the world' on a big player trying to merge etc. A lot of aussie plays get knocked and yet big mergers globally still happen. If we are in a sweet spot, why the hell cant two like minded ventures merge or takeover one or the other. Aust are about 1% of world economy if Im not mistaken, GFC showed us as competent, minerals rich and yet we have our own watchdog thwarting growth options. World players block mergers, yet want their own takeovers to succeed.......national interest crap is just that. We need to stand up and be counted I feel, global economy......yeah right, only if it involves the Big Countries having a sly crack at us. Bs if you ask me, but thats just from my obvious naive point of view. Gillard and coy needs to grow some nuts....trumpet us as the world player that we are and free up our hands.
 
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