At that time the board were looking for $7 per share and since then they have bought quite a lot of extra coal properties have put in a longwall miner which will increase output considerably and invested in more export facilities in Newcastle,Nathan Tinkler might think he is getting a company on the cheap but I cant see the board looking at anything under $9 but I dont know who does the valuation on these things.
Ann: Statement Regarding Media Speculation , page-7
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$6.14 |
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Mkt cap ! $5.136B | |||
| Open | High | Low | Value | Volume |
| $6.20 | $6.26 | $6.12 | $61.80M | 10.00M |
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| No. | Vol. | Price($) |
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| 4 | 96294 | $6.14 |
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| Price($) | Vol. | No. |
|---|---|---|
| $6.17 | 2641 | 1 |
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