The best thing these guys could do with $325m is buy shares in Bhp below $35 and rio below $60. They'd get great capital growth and dividend income, and I think banking a few dividend cheques each year should almost be within their managerial abilities. so long as they don't get left on the bar at Black Toms. Anyone for a few cocktails, it's past 12 o'clock.
But the institutions have seen enough of being an MMX shareholder. They'll expect sale proceeds to be distributed to recoup losses.
MMX Price at posting:
41.5¢ Sentiment: None Disclosure: Not Held
