From what magix posted on the other UMC thread UMC & IOH are traveling in a diferent direction... i do not see IOH listed as one of the 5...
USB brought in to gain access to rail via BHP/RIO/FMG?? more like it...
On 9 January 2009, the Authority published its draft determination on TPI’s 2009 WACC, and invited submissions from interested parties, with a closing date for The Pilbara Infrastructure (TPI) Final Determination on the 2009 Weighted Average Cost of Capital for TPI’s Railway Network submissions of 20 February 2009.
25. The Authority received five submissions on its draft determination from the following parties. • UMC • NWIOA • HPPL • TPI(Synergies) • FMG The submission from TPI on the draft determination, which contained a report prepared on behalf of TPI by Synergies, is also referred to in this determination as the TPI(Synergies) submission.
UMC Price at posting:
77.0¢ Sentiment: Hold Disclosure: Held