RDN 6.98% 4.6¢ raiden resources limited

Hello. I recall BHP in recent years paid $20M or $30B whatever...

  1. 3,312 Posts.
    lightbulb Created with Sketch. 200
    Hello. I recall BHP in recent years paid $20M or $30B whatever it was for US oil shale (whatever it was) projects and then sold them for $10B (whatever it was). BHP also tried to make a number of very bad investments (such as takeover Potash Corp) which would have turned out really bad if they succeeded in buying. Even the biggest & the best over extend themselves. The good thing about Gina is she earns all that controversial cash royalties from the old man who controversially pegged the Pilbara iron ore.

    BHP's $50 billion shale oil blunder https://www.abc.net.au/news/2017-08-23/bhp-billion-dollar-shale-oil-blunder/8832698
    Last edited by GKeden: Today, 14:59
 
watchlist Created with Sketch. Add RDN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.