IRN indophil resources nl
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On the other hand,, SMC having not taken up their rights can no...

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    13/06/11
    15:35
    Post #: 8531952
    On the other hand,, SMC having not taken up their rights can no longer block a takeover from another party.

    Xstrata is now in an even better position.

    It is obvious there is a lot of interest in spite of the obstacles.

    According to media reports SMC is interested in lifting their holding, it is confusing as to whether it is 51% of Indophil or 51% of Tampakan that they are seeking..
    IRN Price at posting: 39.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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