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BHP v Forrest bidding war (Act 3)

Prudent BHP shareholders will be wondering how far their company will go in its game of “chicken” with Australian iron ore billionaire, Andrew Forrest, as they both try to snatch control of a Canadian nickel explorer.

BHP v Forrest bidding war (Act 3) BHP v Forrest bidding war (Act 3) BHP v Forrest bidding war (Act 3) BHP v Forrest bidding war (Act 3) BHP v Forrest bidding war (Act 3)

Both BHP and Forrest have made takeover bids for Noront Resources, helping lift the stock-market value of the company by 350% from C18 cents at this time last year to last sales at C82c.