Has anybody heard if Iluka is either; walking away from a deal to merge with a zirconia chemicals business in China?, or planning on merging with a zirconia chemicals business in China? or planning on starting a zirconia chemicals factory in China? If true it would be good vertical intergration. If true I don't think existing customers would be too happy though. Share price drop greater than broader market may suggest the first option though.
Disclaimer; The above post is not to be considered fact or advice in any way whatsoever. It is purely for entertainment purposes. If you are planning on making an investment decision or transaction it is generally a good idea to seek the advice of a licensed financial advisor.
ILU Price at posting:
0.0¢ Sentiment: None Disclosure: Held
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