IDM idm international ltd
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Hi Peppie, What's your view on ILU potentially taking over IDM....

  1. farmerb22
    1,149 Posts.
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    11/07/12
    10:53
    Post #: 10419534
    Hi Peppie,

    What's your view on ILU potentially taking over IDM. With IDM's current market cap and long mine life. A takeover of IDM by Iluka would solidify ILU's dominance in the mineral sands game.

    Can only imagine that IDM management will not give it up so easily though and how regulators would see the potential takeover.

    But with ILU strong balance sheet and IDM's very depressed market cap, sounds like a good combo for a takeover.
    IDM Price at posting: 7.2¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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