in terms if takeover price it will have to be over 2.81 as I understand it..
mac bank has price target of 3.15 and is expecting iron ore contracts to increase by 50%
(up from 30% they were expecting) ..
also india has increased rates on iron ore exports (e.g. to china) because of its
own rapidly expanding economy. This will only raise iron ore spot prices even more..
great news for the iron ore exporters.
in terms if takeover price it will have to be over 2.81 as I...
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