I love the irony of Glencore selling 329 mln shares making estimated profit of $9.6 mln (guesstimate long from 2.1 cents and selling at 5 cents). Can you blame them for being A1 traders?
This time last year their SP was 118 pounds (now 325) with pundits and media convinced they were in dire financial trouble.
Add to that their founder , Marc Rich was on the FBI's most wanted list until his death in 2013.
Maybe little ol' AGO can do a Glencore?
Ann: Half Yearly Accounts and Appendix 4D, page-174
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