Now that a more realistic valuation is being assigned to the group what are the chances that company sells off a part of the business (say Coal) and then does a big capital raising to reduce debt and allow refinancing of remaining debt while retaining some of the business rather than selling entire group at the bottom of the cycle?
Does not make sense to me selling the whole group at $2.50 a share if you don't have to.
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will it hit more than $2.50 tomm, page-38
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