GCL gloucester coal ltd
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  1. dharry
    2,762 Posts.
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    18/05/09
    16:26
    Post #: 5177524
    I think it's still in play.

    5.5 from offer document:
    If Noble does not acquire effective control ... it's intention is to maximise it's investment by any means available ... or divestment of all or part if it's investment in Gloucester

    http://www.businessspectator.com.au/bs.nsf/Article/BREAKFAST-DEALS-Gloucesters-passage-to-India-pd20090513-RZ2FD?OpenDocument
    GCL Price at posting: $6.27 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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