BARRY FITZGERALD

South32 heads south but is storm ready

CLOSE to five years out on its own and South32 is now worth less than its A$11.3 billion value when it debuted on the ASX in May 2015 with a grab bag of assets that BHP no longer wanted, writes <b>Barry FitzGerald</b>.

Barry FitzGerald
South32 CEO Graham Kerr

South32 CEO Graham Kerr

It's now a $9.5 billion company, with the market crash knocking 38% of its value since the COVID-19 coronavirus panic got going on January 22. Monday's market bounce for leading stocks thankfully swept...

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