South32 directors stock kiss fishing rip off bhp billiton not kosher plan

In the labyrinthine world of finance and stock markets, it is not uncommon for corporate maneuvers to trigger heated debates and controversy. One such contentious action has recently put South32, the global mining and metals company, in the eye of the storm. The company's board of directors has been accused of employing a questionable strategy known as 'kiss fishing' with their stock, which some critics are arguing is a disingenuous attempt to undervalue and eventually take over the larger mining conglomerate BHP Billiton. Detractors argue this strategy is far from a 'kosher', or legitimate and acceptable, plan. South32 and BHP…