Yes.. but it is a case of how much of this cash reserve will be left while I/O is being sold at a loss. With ramped up supply tactics from BHP et al it is designed to empty cash reserves and create a duopoly. Will be interesting to see if smaller players get takeover by Rio or BHP in near term after they have been shorted to maximise the fair play.
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30.0¢ |
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Mkt cap ! $365.5M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.5¢ | 29.5¢ | $170.6K | 567.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15031 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 211701 | 3 |
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