KerrisdaleI understand the thinking on building up shares to...

Kerrisdale

I understand the thinking on building up shares to make a
Takeover offer
The thing is RIO have made it clear they want out
I don't think it would be at a premium

The SP got to 10 cents using bugger all shares
The big volume came at 10 cents
Vanguard are huge
In fact I wonder why they would bother with IVA

I also don't know much about Turquiose Hill and how the deal works

Ivanhoe is an offshoot of RIO with TH retaining over 50%

There must be something preventing them from taking the company
over otherwise they would have before now

Not much of this makes sense

My gut feeling is the selling will continue with the buyer paying
A higher price
When will the selling stop and what is the buyer willing to pay

Interesting day with the copper price dropping and the AUD rising
IVA held on compared to others

Imoo