i have no interest in RIO, except from a pure M&A analysis...

i have no interest in RIO, except from a pure M&A analysis perspective.

whatever has happened is irrelevant to what is happening now....... this bid by Chinalco should be supported by the shareholders because it will almost certainly bring a higher bid from BHP!!

BHP will make a bid, no question. If the shareholders vote this down BHP will pick it up at a lower price..... if you approve this, BHP will pick it up at a higher price, not quite the merger one, but higher than what Chinalco is offering..... and who knows, it might cause a bidding war, if ur lucky.

but for all this to eventuate, you MUST support the Chinalco bid, because one way or the other, BHP will get RIO!