What the speculators drive up the institutions will take massive prices in when they selldown their holdings.
$1.2B is a bit excessive - perhaps half of the current share price is "fair value" but it will remain up while the spec resources bubble is around - isnt some of that $150M going to glencore or somethign or bondholders - check last years annoucement - i wonder if murrin murrin will see much of that money ?
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