Posted AT 5:58 AM EST on 14/12/07
If Xstrata is for sale, shouldn't the market be worried?
ROME — Mick Davis has been guided by two beliefs since he became CEO of a mishmash of second-rate mining properties called Xstrata PLC in 2001. The first was that commodities were on the verge of a "stronger for longer" - his words - price cycle. The second was that a small number of supergiants would emerge from an unflagging round of buying and selling.
He was dead right.
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| Market | Change | Value |
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| Stock Profile | |
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