ILU 0.93% $7.61 iluka resources limited

Mkango and Talaxis, page-2

  1. 3,327 Posts.
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    I think, Ash, we want to steer clear of Malawi and rare earths. We have zircon, rutile, ilmenite and iron ore exposure. No need to be too eclectic !!

    The annual result is due at 8.30 am next Tuesday (27th). Apparently broker consensus is for NPAT of around $120 million and a 7 or 8 c div.

    Couldn't bear not to have exposure before then, so back in today via selling March $9.50 puts at 28.5c. Seemed a good idea at the time.
 
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