CRT consolidated rutile limited

CRT (consolidated Rutile) are held tightly by Iluka and QBE and...

  1. 183 Posts.
    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.
 
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