BND bandanna energy limited
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Yes we must heed what Rio is doing, as they are very savvy and...

  1. Hotfire
    19,938 Posts.
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    11/10/13
    13:55
    Post #: 12431146
    Yes we must heed what Rio is doing, as they are very savvy and prudent investors.

    Rio acquired Alcan in mid 2007 for $US38 billion and since then have written off $US29 billion off its value.

    At the time Rio outbided Alcoa by an extraordinary $US10 billion.



    BND Price at posting: 19.2¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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