TYX ARI TRF

Ann: Joint Venture discussions with Arrium for iron ore sale, page-2

  1. rocket973
    12,103 Posts.
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    21/08/14
    08:39
    Post #: 13848932
    Good news at last, well this could set the cat amongst the pigeons. Had always thought that IFE would be a takeover option to Arrium in the future. Did you see the Arrium report? They paid off $407 million in debt and are ramping up IO further.
    I can see 50 cents/ share shortly, at 6.5 cents IFE is just coffee and tea money to ARI
    TRF Price at posting: 5.3¢ Sentiment: Buy Disclosure: Not Held
    TYX Price at posting: 6.5¢ Sentiment: Buy Disclosure: Held
    ARI Price at posting: 86.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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