IOH
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0.00% 70.0¢ iron ore holdings limited

An equivalent pricing of IOH tonnage at about $2.00 a tonne...

  1. adrian22
    110 Posts.
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    21/12/10
    11:30
    Post #: 7641401
    An equivalent pricing of IOH tonnage at about $2.00 a tonne makes it worth $1.3bn or about $9.00 a share. Of course it's not completely comparable to the Atlas situation or their synergies with Giralia's deposit locations but it's still a very,very positive development for IOH shareholders.

    And of course it takes two takeover targets ( AGO, GIR ) off the market.
    IOH Price at posting: $2.11 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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