A sale of its central hub assets will leave them with its Western hub assets. RHI could then become a target by IOH, seemingly, focusing on the less competitive Western Hub region of Pilbara.
An API/FMG/MCC led rail-port for the Western hub will be beneficial to an IOH controlled RHI, given AQA is aimming to sell off its African iron ore and manganese assets. A sale of RHI to IOH will allow sufficient funds for API to pursue infrastructure funding.
ioh potential sale of its central hub assets
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Last
$5.60 |
Change
-0.070(1.23%) |
Mkt cap ! $359.1M | |||
| Open | High | Low | Value | Volume |
| $5.72 | $5.73 | $5.60 | $49.12K | 8.702K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2553 | $5.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.73 | 1601 | 1 |
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| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| RHI (ASX) Chart |