MIN 1.12% $37.84 mineral resources limited

MIN chart, page-157

  1. 5,811 Posts.
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    Not sure if aligns with the original purpose of the sale.

    “In February Mr Ellison lashed out at analysts with an expletive-filled tirade for criticising his balance sheet management.
    “The pressure I’m under at the moment with everyone whining and bitching, (I’m) going to go out and sell half of it (the haul road) just to put the money in the bank and go like ‘f--- you’,” he said at the time.”

    Taking out a bridging loan and then settling it upon the completion of the transaction, is not putting money in the bank. Don’t you think?
 
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