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Share price down over 11% today to $0.45. At 2.352 billion shares..that values the company at just over $1 billion. Full article here Looks like Gina has had enough and she is just going to dump it. Cheers, Oracle.

You can call my assessment about losses simplistic. But here is a snapshot from todays annual report Total contributed equity = $4,646,248 (This is how much money the shareholders have put into the company so far) Shareholder equity = $2,042,677 ( This is all that's left of it) Of that...

When you are flowing in rivers of cash, which BHP was at that time, you can afford to lose some without causing too much damage to your bottom line. Buying Potash corp would have been good for BHP long term in terms of diversification, so it was worth it. On the other hand Fairfax is flowing...

Full article here I find that interesting. Loss after loss...but still the chief executive doesn't want to give up his entire bonus. On the other hand, BHP boss doesn't want to be even considered for bonus even though BHP made a solid profit outperforming all it's peers. I remember...

I agree, As Warren Buffett would say: But since her money is on the line she will not hesitate to make the hard decisions regarding restructuring the business and closing down unprofitable divisions. Might add a few more years to the life of the business. Cheers, Oracle.

In that case shareholders should beg her to become the chairman. Apparently, she is the chairman of another company since 1992 which is doing satisfactorily i reckon under her chairmanship, the name is Hancock Prospecting and has enabled her to become the richest women in Australia :D TEN...

Rinehart sells portion of Fairfax stake Full article here Yes...it's starting to get interesting. I think if Gina R stays on as majority shareholder within 3 to 5 years Fairfax would change dramatically. She is not one who is going to muck around if her investments are not going to produce...

The same way I read a lot of public voted for Labour but don't agree with all their policies??? Just because the shareholders voted for the board of directors doesn't mean they agree with all the decisions they take. Secondly, I don't know how the board makes decisions but I would assume it...

Do you honestly believe the board managed to get the opinion of the majority of shareholders when the previous largest shareholder owned less than 10%. How many shareholder do you think they spoke to to have got anywhere close to 51% which would represent a majority. What do you think will...

Who are these majority shareholders? Care to share a link where the majority shareholder voted against her taking steps she wants to take? Do these majority shareholders believe Gina will do a better or worst job at running this company? These majority shareholders have already seen their...

I don't follow the company's financials much but just had a quick look at their 2011 Annual Report. Remuneration of Directors (Total for all directors) Base salary 2011 $4,262,893 2010 $1,405,014 Non-executive Director fees 2011 $1,614,752 2010 $1,111,180 Cash Bonus 2011...