IRN indophil resources nl

lion select restructure

  1. 193 Posts.
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    Announcement out today regarding LST restructuring. It would appear that most of their stakes are to be sold in an orderly fashion. That means that 6.83% of IRN is for sale to the highest bidder - unlikely to dribble them out into the market - more likely to sell in one line. Given their track record with Xstrata last time does this bring things to a head? Feed back would be appreciated
 
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