I suppose the IINet takeover is the dream outcome, if only to have two companies like TPG and MTU outbidding each other for the prize. Could be scrip with premiums involved...too early to say. Whatever and indeed IF it happens SH's can rest easy knowing the banks and Mr Creasy won't walk away without a solid gold deal. Turnover and SP movement suggest something is on other than Nickel price holding up. Interesting week ahead, we should get a bit more of an idea whether this is unfounded or there is indeed a fire behind the smoke.
IGO Price at posting:
$5.75 Sentiment: None Disclosure: Not Held
SIR Price at posting:
$3.22 Sentiment: Hold Disclosure: Held
