Agree. But given AMCI and AQA holds around a over 30% in RHI, I think IOH would be more interested in rail-port access, in return a takeover of RHI that satisfies AMCI & AQA over the dispute on the API-RHI JV. Divestment of Central hub assets may lead to consolidation of its position in the Western Hub.
I'm sure they may also eye on the iron ore projects of CUL & HLX only.
But this all "may" happen only if IOH divesting its central hub assets is successful.
ioh potential sale of its central hub assets, page-3
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$5.60 |
Change
-0.070(1.23%) |
Mkt cap ! $359.1M | |||
| Open | High | Low | Value | Volume |
| $5.72 | $5.73 | $5.60 | $49.12K | 8.702K |
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| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2553 | $5.60 |
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| Price($) | Vol. | No. |
|---|---|---|
| $5.73 | 1601 | 1 |
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| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| RHI (ASX) Chart |