IRN indophil resources nl

guzumped again xstrata

  1. 1,811 Posts.
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    Well done Indophil, I suggested this may happen earlier on this week.

    "Suggest that Xstratas Feasability is very positive, I believe its due shortly. This should underpin the share price, no dount they'll bid again in time and Richard L. will be engineering other outcomes to stick it up them."


    Thankyou Richard, a masterstroke although I 'd hate to see Xstrata be returned cash on their 19.9%.

    Thanks Xstrata also, I was able to buy my whole stake (and some) back below 80c after selling above $1.30. Never thought I'd see the day that I'd thank Xstrata!

    Yesterdays volume and buying suggested something was happening.
 
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