IRN indophil resources nl
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is a friendly t/over @ $1.40/share possible?, page-20

  1. ivortower
    20 Posts.
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    21/10/09
    14:44
    Post #: 5811489
    at the time of the Stanhill offer IRN had +$100M cash.

    You cant add back the "cost to recoup", once it is spent, it is spent!
    IRN Price at posting: $1.00 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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