Yeah that is a good point. But it’s now a very cyclical business. Only in April they had customers unable to take delivery. My view is that private equity would not
want a deal in that space. One of the Japanese trading houses or something like that maybe. ilu did the right thing to demerge, their execs could have just sat on that fat income stream in perpetuity but they made a very altruistic choice I reckon.
News: ILU Australia's biggest mining royalty firm Deterra debuts with $1.83 bln market value, page-4
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Last
$6.70 |
Change
0.060(0.90%) |
Mkt cap ! $2.867B | |||
| Open | High | Low | Value | Volume |
| $6.68 | $6.75 | $6.66 | $3.687M | 550.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7680 | $6.69 |
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| Price($) | Vol. | No. |
|---|---|---|
| $6.71 | 6792 | 2 |
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| ILU (ASX) Chart |