Yes, without it, I think we were in danger of receiving an opportunistic all paper offer from someone like Brockman (it would make them twice as important in China to control two large iron ore mines?).
I don't understand what the effect of the realignment of the A$ against the $ should have on our share price, so I can't pretend to understand whether the fall in our share price in the last few days has been due to that, due to iron ore price movements (as a non-producer IO prices affect our finance costs mostly?), due to a general liquidity problem (a cause of a flight from shares in cash flow negative businesses to shares in cash flow positive businesses?) and the price of finance generally having risen, or due to someone like Brockman manipulating our price down in advance of an all scrip take-over offer. Have to leave it there.
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