The similarities between Vimy and Atlas are amazing. Big US holders, debt swap for equity. Speculative buys that soured. AUD going wrong way. Better opportunities at home. US becoming more and more insular. Sell down at any price. Easy to understand with their mentality.
We have seen it all before so many times. UK firstly, then US, Japan, Germany, GFC and China next? Understanding who and why they are selling is easy, the hard questions are who and why is buying.
The similarities between Vimy and Atlas are amazing. Big US...
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