Pierpont punts on the mining company going into Korean cemeteries
Thank you for asking, but Pierpont did poorly in the Melbourne Cup. He backed Almoonqith, which doggedly stayed so far back that your correspondent isn't sure it ever finished. So, as Prince of Penzance charged past the post, Pierpont sighed, tore up his betting tickets and resumed his studies of the sharemarket.
Cup Day is one of those times when the media doesn't bother covering small ASX announcements, so there were bound to be a couple that would go unreported while journalists went into ecstasy over the charming Michelle Payne.
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