Yes Doc the market does not believe this deal is going ahead.
Regarding the FMG minority sale of their infrastructure arm, is it your understanding that this includes their ports as well as rail?
If so it will open up third party access significantly and with IOH ready to go at Iron Valley we could potentially be one of the first to piggy back off the FMG network if the current deal does not happen.
IOH Price at posting:
79.0¢ Sentiment: Hold Disclosure: Held