Mineral Resources is hurting. Commodity prices falling off a cliff have exposed its whopper debt load. Hedge funds have made MinRes the most heavily shorted stock in the ASX’s top 50.
Whirlybird fan Chris Ellison is having the “shittiest time” of it. And when he’s not giving jobs to the children of his employees, he’s sacking them.
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Mark Di Stefano is Rear Window columnist, based in the Sydney newsroom. He previously worked at BuzzFeed, the Financial Times and The Information before joining the Financial Review as a media and tech correspondent. Connect with Mark on Twitter. Email Mark at mark.distefano@afr.com
