De Beers21 Dec 2015 08:57
Ladies, Gentleman,
If you take the view that De Beers is a luxury that Anglo can no longer keep - if they were to sell it do you think that this would wipe out the debt, more, less?
I think it's a quality asset and one that will be here in 100 or even a 1000 years and there aren't many businesses you can say that about.
I always understood that a business should have some debt so it could become more a question of what it does with the money - I'm sure there must be some synergy to be had with prices where they are.
Finally if they did sell it where would the share price be?!?