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Has the company made a response statement yet?

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zacnic

154 Posts.

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21/03/23

10:58

Post #: 66874749
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Originally posted by entropylord: ↑

BHP have supply for another 4 years, but probably don’t want to lose it then.

Even if Wyloo were to get control, possibly worth BHP being in a position to block full takeover, ie to get themselves a 10% stake. Maybe a bit more to block a scheme of arrangement? Perhaps 15 to 20% would do that?

Of course at sub $1.50 it’s probably very appealing for IGO to try to increase their stake from 7% imo, albeit just as an investment.

EL

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Has the company made a response statement yet?

MCR Price at posting: $1.47 Sentiment: Buy Disclosure: Held
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