Post by
horsewithnoname on Jul 24, 2024 3:19am
There will be no bidding war
Fortescue holds 31% and they will block every take over attempt by another company - so the question is how much is Fortescue worth to have control over the project and move it along to it fits their agenda - the main issue here is time. Fortescue wants it done quickly - and will do what it needs to get this done in time, I would assume also to pay a little bit for it.