RE:RE:I see it this way…Probably reason it didn't get done is they offered a specific premium to our market cap (let's say even when we hit $2.8 usd a share). They would have offered likely 40% premium which would have given $3.9 usd per share or $600M usd...
and perhaps we weren't allowed to vote on that...because our bod thinks we are worth double that...
most likely if that's the case and Rio still wants to pursue then they can just start acquiring in open market I suppose to eventually get voting control???