IOH iron ore holdings limited
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resurgent rio bets on iron , page-18

  1. butchy
    1,971 Posts.
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    01/12/10
    23:04
    Post #: 7554629
    IOH has approximately 130 million shares (fully diluted).

    An offer of $4 would therefore cost $520 million, which is a small slice out of RIOs budget. Easy & cheap way to gain around 600Mts.

    Butchy.
    IOH Price at posting: $1.93 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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