IGO 4.48% $5.33 igo limited

News: IGO IGO Ltd Says Will Acquire Western Areas, page-6

  1. 9,814 Posts.
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    Too late
    deal is done as i correctly predicted months ago on here.

    bond of $900M at low rates is genius
    all cash bid at way cheaper sum avoids dilution of IGO LTHs
    3.36 way cheaper than my calls 3.60-3.80

    WSA BOD already approved it unanimously, AF ignored yet again, bhp very happy. Cosmos low grade crap goes to bhps mt keith imho. IGO can up offer using scrip or more bond debt so no chance for another suitor.

    AFs Ni empire dream in tatters as i predicted.
    Wsa pan mcr noront ravensthorpe ANL MM all taken off him easy by the big boys, Ni industry ignoring him as expected, whats he got left?

    there is no other white knight, IGO was it.
 
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