Sinosteel gets control, but likely to have company at Midwest
Okay, they have more than 50%, but they are probably not going to get 100%, and that sort of makes their life hard. They are going to be stuck in never-never land like Portman. They’re going to have shareholders whom they are going to have to [...]
Entries Tagged as ‘Sinosteel’
July 9, 2008
Sinosteel almost gets Midwest
June 6, 2008
Sinosteel, you’re in pull position on Midwest
The
Australian: Sinosteel to get its hands on west’s ore
Dear Sinosteel,
Do not back down now: you have 40% of the company and you are one person. You are going up against a share registry that is made up of different players: pick any one of them off, and you win. They, on the other hand, have [...]
May 21, 2008
Dear Sinosteel: We cannot make up our minds
Dear Sinosteel,
You are giving us lots of money, and we are giving you headaches, but do not worry. We will be gone in 4-8 weeks, and then you can fire us lock, stock, and barrel. We won’t mind because we are going to be rich, very rich. By the way, sorry about the Australian press [...]