Taking over BHP is probably a bit too ambitious. FMG might be possible though.... :)
Shuffling board positions does not add value to the company. It is clearly a strategic move relating to company control, and I would be surprised if Eugene got paid anything... so not a big deal really. More of a life insurance thing... dynasty preservation.
I wonder what SXX would be worth if liquidated? Just rule off and bank the dough, before admin costs eat it all up.
8 or 9c per share? Done deal!
SXX Price at posting:
1.8¢ Sentiment: LT Buy Disclosure: Held