RE:RE:RE:RE:RE:RE:South32 buys 19.9% of American Eagle
Yes he didnt made his billions by being nice. He probably inherited a big chunk of it like most billionaire. As of the 1 $ deal making many shareholder money...
I mean 30% is own by fortescue, 28% or so by management,+fund. All of those minus fortescue would NOT be making a profit considering 12 to 15 years holding stock. I have no clue how many of the 36% are new investor like yourself, but i would be surprise if it is the majority. How much is a dollar pre split? like 30 cent? not sure how much, but it is very very low.
Maybe you would be making a considerable amount cause you entered as of late, but most shareholder wouldnt.
Personnaly, i would or will vote no to any attempt to buy before drilling is finish. I have been waiting a long time. Copper price are going throug the roof. I can wait an other year and keep buying cheap.