.. and so endeth BRM as an Australian Iron Ore Junior
RIP
Another example of an Australian resource company snaffled away from future generations by a foreign entity.
Watch our politicians trumpet this as another "success story" and evidence of our "booming" resource sector. Pity that every dollar of profit (should it ever be made) will be sent to China.
Imagine that Wayne and Co are out at an appropriate venue blow torching the corporate credit card one last time.
Wonder if Aning will be staying? I imagine a Chinese lead geologist might come in handy for the new owners.
BRM Price at posting:
$4.48 Sentiment: None Disclosure: Held
