Daily Discussion, page-3214

This is why Rdn shouldn’t be in a hurry to JV mt sholl but take a longer term view. I understand other assets outside Australia can be sold.
If a company’s actions are just driven by the fickle market which is often manipulated, then it ends up selling projects cheaply- it’s true commodity cycle plays a part and lots of example of impatience don’t get good prices, for example Kidman selling to SQM half of earl grey for very few coin. And look at how banks continually get fined hundreds of millions for price manipulation of commodities


News like this is no longer uncommon over the years

“
JPMorgan Chase & Co. admitted wrongdoing and agreed to pay more than $920 million to resolve U.S. authorities’ claims of market manipulation involving two of the bank’s trading desks, the largest sanction ever tied to the illegal practice known as spoofing.

Over eight years, 15 traders at the biggest U.S. bank caused losses….