South32 directors recently proposed a stock kiss fishing plan, which has raised questions over its unorthodox methodology and potential impact on BHP Billiton. The plan has been described as a “not kosher” deal by some experts. In this article, we will look at what the plan entails and why it has raised eyebrows.
South32 Directors’ Stock Kiss Fishing Plan
South32 directors have proposed a stock kiss fishing plan that would involve the company buying back some of its shares from BHP Billiton. The plan is part of an effort to reduce South32’s debt and strengthen its financial position. Under the plan, South32 would buy back up to 10 percent of its shares from BHP Billiton, which would then be distributed to South32 shareholders.
Unorthodox Methodology Raises Questions for BHP Billiton
The unorthodox nature of the plan has raised questions about its potential impact on BHP Billiton. In particular, some experts have questioned whether the plan could be seen as an attempt by South32 to gain an unfair advantage over BHP Billiton. Additionally, the plan has been described as a “not kosher” deal.
The South32 directors’ stock kiss fishing plan is an unorthodox move that has raised questions about its potential impact on BHP Billiton. While South32 has stated that the plan is designed to reduce debt and strengthen its financial position, some experts have questioned the motivation behind the move and have described it as a “not kosher” deal. Ultimately, the plan will have to be carefully examined by both South32 and BHP Billiton before any decision is made.
