ILU 0.90% $6.70 iluka resources limited

News: ILU Australia's biggest mining royalty firm Deterra debuts with $1.83 bln market value, page-3

  1. 615 Posts.
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    Interesting day today. So, at the close:

    DRR with 528m shares has a market cap of $2.43Bn
    ILU with 422.5m shares has a market cap of $2.16Bn (but $486m is their 20% share in DRR).

    So the Min Sands business, which had revenue in 2019 of $1.19Bn is 'only' worth $1.68Bn?

    Has ILU just opened themselves up to be a takeover target?
    .



 
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