Young gun, alot of people were asking the same thing at the time of the float......they could have floated 2 or 3 companies with their holdings. The answer I got was "we want to maximise shareholder value".
food for thought.....
Someone mentioned a potential Fortescue(ish) type rise in share price. If you consider that FMG rose from under $1 to the current level around $23 in two and a half years, giving them a market cap of $5.9bn today and assume that RDS can acheive a similar performance, if...
I read earlier in this thread that BHP may be making a hostile takeover bid at $2.50-3.00 in the coming months.
If you look at the prospectus, the directors hold something like 55% of the stock, not sure if a takeover is possible??
Someone enlighten me if I'm wrong!!!
I bought through the...
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