I just do not see why you would pay 90% takeover premium for an asset that requires a lot of new capital, in a free falling iron ore environment in supply glut. When a normal takeover premium is 30-40%. I sure can see a lot of value for the IOH shareholders
Takeover condition, page-5
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Last
28.5¢ |
Change
-0.010(3.39%) |
Mkt cap ! $793.5M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.8¢ | 26.5¢ | $650.2K | 2.322M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 33534 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 29002 | 2 |
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| Last trade - 14.16pm 15/11/2024 (20 minute delay) ? |
| BCI (ASX) Chart |