Not often mentioned despite being in the ASX100, Iluka Resources receives an extremely lucrative royalty rate on iron ore revenue generated from BHP's Area C mine.
Roger Montgomery is founder, chairman and chief investment officer of Montgomery Investment Management. Following a successful career as an analyst and public company chairman, Roger published the first edition of his stock market guide, Value.able, in 2010, becoming an Australian best seller in just 16 weeks. He holds a Bachelor of Commerce and is a senior fellow of the Financial Institute of Australasia. |