How can GBG and Ansteel expect shareholders to agree to a deal they coined when iron ore was $70 and now it is close to $120?
When you buy property you are asked to pay the market price. Can't pitch offers on macroeconomic arguments on how it will be worth less in 20 years etc. But GBG and Ansteel are asking us to trust their 'long term view' hinged on a Expert's argument that appears to be reverse Engineered on 2.6cents
