Dumpty
Does your source also think that Rudd Government will just agree to this and not use Foreign Investment Review Board to kill the takeover of BHP/RIO in Australia? I agree that our Govt can not control shares sales in UK, but in Australia its different. I suppose a takeover of RIO by BHP would mean probably some 50-60% of shares of the new combined company would be held in UK, and the Chinese by buying them would control the new BHP/RIO entity.
My gut instinct is that we have a gutless and useless government that will just roll over and agree to a t/o (with some silly window dressing to keep us guiet for a while). The Howard Govt would have done the same, ie nil to a t/o.
loki
bhp rio china, page-4
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$120.25 |
Change
0.580(0.48%) |
Mkt cap ! $44.63B | |||
| Open | High | Low | Value | Volume |
| $120.56 | $120.66 | $119.34 | $383.1M | 3.157M |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2871 | $120.00 |
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| Price($) | Vol. | No. |
|---|---|---|
| $120.25 | 18 | 1 |
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