The Freeport Share Options
Think like an investor. That is what the government should do when it comes to the shares of Freeport Indonesia. Good investors carefully calculate prices offered to them.
Last month, in fulfilling the obligation to divest itself, the US mining giant Freeport offered the government 10.64 percent of its shares at a whopping US$1.7 billion (Rp22.9 trillion) price. This exorbitant price is the consequence of the contract between the government and Freeport. There is no rule governing pricing.
February 23, 2016
Think like an investor. That is what the government should do when it comes to the shares of Freeport Indonesia. Good investors carefully calculate prices offered to them.
Last month, in fulfilling the obligation to divest itself, the US mining giant Freeport offered the government 10.64 percent of its shares at a whopping US$1.7 billion (Rp22.9 trillion) price. This exorbitant price is the consequence of the contract between the government and F
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