Champion Iron Ord Shs T.CIA

The market cap on this stock is ridiculous!!!!!!!!!!!

[rodrabal]

This company cost over 8 billion dollars to build , but it is only valued at 3.1 billion today. I'm surprised one of the big caps just don't buy it out at this rediculous price. 1/2 price sale and they can add a 15 billion ton high grade iron ore mine to the fold. If they had to build there own mine,it would cost them a hell of a lot more. With the price of materials today. Not to mention all the environmental permitting hassle they have to go through and the years it would take. They could just buy champion at this bargain basement price. They would get a high grade mine with no debt,making a huge profit,in a stable part off the world and get all there Hugh reserves for free. This price is reciculous.

[Thumb1972]

I agree rodrabal, Champion is definitely undervalued.....it has been for a long time. Current share ownership would dictate any buy out to be conducted on friendly terms. I couldn't see Champion taking anything less than replacement value plus a premium. I thought the current spend was closer to 6 billion but happy to use your 8....which would put a price tag of around $16 / share without

[goliath06]

AGREED........................IF MGT THINKS  SHARES ARE SO /// LOW  ////// AND THEY SHOULD ........ WHAT IS WRONG WITH A SHARE BUY BACK SAY 5 TO 10%//////////////////// GLTA/////////////// I HAVE AN ORDER IN AT 5.89 PURE MANIPULATION

[charlot73]

The MM , 'Market Maker', I call them ''Market Manipulator'  I got some this morning at 5.98 $

[rodrabal]

In my opinion champion should be buying back as many shares as possible at these ridiculous prices. A combination of share buybacks and dividends

[Thumb1972]

I'm in favor of our profits being distributed towards growth projects and dividends. Circa 500 - 550m shares on issue is not a significant number. Share dilution has been well and truly kept in check with very smart money management whilst significantly growing the company. Best regards, Thumb