After reading that article by Michael Pascoe in the SMH can I just say he has no idea, none what so ever.
Tell me Michael how can a bargain basement sell off of Tier 1 assets to the Chinese be a best interest of shareholders when BHP were offering 3.4 shares at $50 a share. Please explain that to me. Did someone make a big boo boo to put shareholder in this mess?
Look a bit deeper Michael, you'll find that the problem lies with MANAGEMENT not with the Chinese.
tell swan what u think, page-62
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Last
$117.48 |
Change
2.820(2.46%) |
Mkt cap ! $43.61B | |||
| Open | High | Low | Value | Volume |
| $115.80 | $118.26 | $115.09 | $298.9M | 2.551M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 16 | $116.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $117.48 | 10183 | 2 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| RIO (ASX) Chart |