GMI global mining investments limited
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leveraged: resources exposure I've actually sold down some RIO...

  1. datasponge
    1,635 Posts.
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    05/01/06
    10:55
    Post #: 1303357
    leveraged: resources exposure
    I've actually sold down some RIO and AWE positions to buy into GMI and GMIO.

    It gives me leverage into the big internationals, but instead of paying the time/vol premium of options and warrants, I'm getting the companies at a discount.

    It must be frustrating if you're the Investment Manager. You'd love to be able to buy out the shareholders and walk away with a 20% premium + the recent rises.

    Cheers
    GMI Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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