Shares of Freeport McMoRan dropped by 5.8% on Thursday (Nov 12) in New York Stock Exchange. At the closing price, Freeport has market value of US$10.44 billion only. At its peak in late 2010, Freeport had market value of US$70 billion. So, this might be a good time for the government of Indonesia to acquire 20.44% shares in PT Freeport Indonesia. To subscribe please click here
