I basically see two reasons for a going public: Glencore gets access to more money. It is a way of funding your business and to finance growth. Plus: You have more liquid shares. It is easier to leave the company and redeem your shares. The 'going public' may also be an exit strategy for the top management.
Copy QuoteIt is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.
Copy Quote View & ShareOur incomes are like our shoes; if too small, they gall and pinch us; but if too large, they cause us to stumble and to trip.
Copy Quote View & ShareUnder capitalism, man exploits man. Under communism, it's just the opposite.
Copy Quote View & ShareThe way to become rich is to put all your eggs in one basket and then watch that basket.
Copy Quote View & ShareAs sure as the spring will follow the winter, prosperity and economic growth will follow recession.
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