IVA 0.00% 21.5¢ inova resources limited

wow!, page-13

  1. 8,033 Posts.
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    Kerrisdale

    I understand the thinking on building up shares to make a
    Takeover offer
    The thing is RIO have made it clear they want out
    I don't think it would be at a premium

    The SP got to 10 cents using bugger all shares
    The big volume came at 10 cents
    Vanguard are huge
    In fact I wonder why they would bother with IVA

    I also don't know much about Turquiose Hill and how the deal works

    Ivanhoe is an offshoot of RIO with TH retaining over 50%

    There must be something preventing them from taking the company
    over otherwise they would have before now

    Not much of this makes sense

    My gut feeling is the selling will continue with the buyer paying
    A higher price
    When will the selling stop and what is the buyer willing to pay

    Interesting day with the copper price dropping and the AUD rising
    IVA held on compared to others

    Imoo
 
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