Muzdaz,
Your confusion is perfectly understandable.
Q1. Yes.
Q2. Holders will get 1:1, plus ILU will hold 20%. With 422m ILU shares on issue, I reckon that means 506m DRR shares on issue. I am keen to hear if anyone disagrees.
Q3 You will need to recalculate in light of Q2.
Q4. Depends on IO demand. Will Brazil production recover? Will China impose sanctions on Australian IO production because we poked our tongues out at them?
Q5. Is the million dollar question. ILU trades Ex Entitlement Friday 23 October and DRR Deferred Delivery begins trading at exactly the same time, so no easy price insights there. We can watch with interest.
Ash
Questions re the Deterra Royalties demerger, page-3
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$6.08 |
Change
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Mkt cap ! $2.601B | |||
| Open | High | Low | Value | Volume |
| $5.99 | $6.13 | $5.98 | $11.22M | 1.849M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12535 | $6.08 |
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| Price($) | Vol. | No. |
|---|---|---|
| $6.09 | 17380 | 2 |
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