crt - huge potential, takeover,deal & div

CRT (consolidated Rutile) are held tightly by Iluka and QBE and indications are for an excellent announcement in the very near future.

The company made a profit of $13 mil this year (up 116%) and analysts say the company will pay a special dividend and return of capital to shareholders.

Iluka benefit from the franking credits paid by CRT and have had two cracks at taking the rest of the stock at $1.10.

Cheers

I think this could be a geat shoty play as well as a good short term investment.

I also hold APG in the ame industry.