Dear VictorpAgree with you.This would value the oustanding 45%...

Dear Victorp

Agree with you.

This would value the oustanding 45% of stock which Glencore does not own at just A$100 M yet they spent almost half that picking up 2% not 6 months ago.

The plant is a $3,000 M plant which ppaton is valuing at A$230 M.

The current price is already absurd having got that way through shorters and panickers.

Remember the interim last year was 45 cents (an effective dividend of 64.2 after franking).

I think that DUI and ppaton are stepping on the boundaries of market manipulation and I will be testing that with ASX through the appropriate mechanism.

Cheers Eos