
UBS sets $26 target for tax-dodging CEO's mining empire
Key Points
- Chris Ellison skillfully retains his position at Mineral Res...
Chris Ellison's ability to cling to power makes a cat's nine lives look amateur. Despite past entanglements with tax evasion schemes, the Mineral Resources managing director remains conspicuously absent from the FY 2025 departure list, leaving investors to wonder if controversy is just another commodity he's learned to mine efficiently.
When Scandals Become Strategic Assets
UBS analysts have apparently decided that a CEO with baggage is better than no CEO at all, maintaining their neutral rating with a $26 price target. It's a classic case of "the devil you know" - except this devil happ...
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