IOH 0.00% 70.0¢ iron ore holdings limited

Makes you wonder why nobody would make a play for IOH for about...

  1. 5,275 Posts.
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    Makes you wonder why nobody would make a play for IOH for about that same amount of coin.

    In Nov last year we had no deal with FMG, our share price was about $1.20 and a $500 mill offer would be around $3 per share.

    We have more resources than FMS and our locations are good, so why not throw $500 mill at us first?

    I can only assume that IOH has had several approaches and we are simply not for sale... Or maybe Alwyn has been told something like "Tell anyone who asks it's $5 per share or they're dreaming." Or something along those lines...
 
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Currently unlisted public company.

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