BCI 2.08% 24.5¢ bci minerals limited

I look at it this way: IOH shareholders bought 1/3 of BCI, and...

  1. 252 Posts.
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    I look at it this way:
    IOH shareholders bought 1/3 of BCI, and paid:
    -10c cash + a non producing asset that requires lots of capex.

    Who got a better deal out of this? Let's put it this way, which one would you prefer to have bought in July? IOH or BCI?
 
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