Platypus Asset Management: Big Miners are overvalued

Platypus Asset Management: Big Miners are overvalued. Don Williams, the CIO at Platypus Asset Management agrees with some of the sentiment from Shawn Hickman's wire (posted Friday), saying the big miners are overvalued, with the Iron Ore price expected to fall. We think, at best, BHP and Rio will go sideways for a number of years. BHP is trying to add some value for shareholders, but just splitting the company in two doesn't necessarily add anything, unless one of the bits gets bid for. AFR subscribers can read the full article: (VIEW LINK)


Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.

Expertise

No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.