IGO 4.22% $5.68 igo limited

now that wmr is gone

  1. 8,972 Posts.
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    Most likelyto BHP unless RIO or some Cjhinese consotium come thru with rival bid, this means a lot of money flowing back into the mining sector...much of it looking for exposure to producers particularly nickel.

    Anyone know if the BHP bid was cash, scrip or cash and scrip? Or hasnt that been decided yet?

    I expect IGO, now that its a S&P 300 constituent, will get quite a good bid of attention from index and other managed funds that will need to replace WMR.

    Cdchi1
 
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