RHK 0.64% 79.0¢ red hawk mining limited

Unless you have inside information you don't really know what...

  1. 5,939 Posts.
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    Unless you have inside information you don't really know what the big picture actually is.

    I am of the opinion that the FMS management are looking after the interests of the shareholders. Who knows, just maybe this divestment is to facilitate a speedy "change of ownership" for FMS.

    I have always been of the opinion that RIO are looking at FMS. One thing that is certain is that the consolidation in the Australian oligopolistic iron ore industry will continue or potentially gain momemtum.

    I personally would be ok with a takeover led by RIO. I just hope that it would be a better outcome than the UMC/BHP debacle.

    I have alot more faith in Big Kev than Hogan over at UMC.

 
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