WHC 3.01% $6.77 whitehaven coal limited

does anyone know the sudden reason for the 7% drop?, page-32

  1. 15 Posts.
    lightbulb Created with Sketch. 5
    Yancoal parent company made a low-ball offer for the remaining 10% asx listing, about 40% below prior day price. Has nothing to do with WHC valuation, except the market correlation between companies in the same sector
 
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