Mar 21, 2010 (BRW - ABIX via COMTEX) -- Potential takeover targets can generate handsome returns for investors
. Takeover offers are usually priced at 30 per cent above the prevailing share price. Among mining companies, potential takeover targets include FerrAus, BC Iron, Pluton Resources, Iron Ore Holdings, Whitehaven Coal, Riversdale Mining, Perseus Mining and Equinox Minerals.
Publication Date: 18 March 2010
FERRAUS LIMITED - ASX FRS
BC IRON LIMITED - ASX BCI
PLUTON RESOURCES LIMITED - ASX PLV
IRON ORE HOLDINGS LIMITED - ASX IOH
WHITEHAVEN COAL LIMITED - ASX WHC
RIVERSDALE MINING LIMITED - ASX RIV
PERSEUS MINING LIMITED - ASX PRU
EQUINOX MINERALS LIMITED - ASX EQN
RIV Price at posting:
$8.61 Sentiment: Buy Disclosure: Held