surely you're not suggesting that RIO, as the effective owner of...

surely you're not suggesting that RIO, as the effective owner of IVA conspired with other parties to drive the SP down in order to destroy RIO's own value holding ?

or do you think such a plan was hatched behind RIO's back by the RIO executives that sit on the IVA board ?

for sure RIO is being taken for a ride here with the insto's expecting them to write off a couple of hundred million and accept a lowball offer just to be rid of it but who's to say they'll take the bait, bend over and pull their pants down ?