If a Chinese investment company has access to Chinese party cash then a $1,500,000,000 to $2,000,000,000 cash offer to simply purchase the company's international interests leaving the Western Australian assets in possession of another entity called Emerald then it would get very interesting.
Then it's a matter of either a dividend followed by a massive share price drop to compensate, or a share buyback at a fixed price at a reduced value to now so that capital gain is minimised for investors but the value is returned to share holders... followed by a massive share price drop.
You'd want to be holding a lot of tickets for that ride prior to the gate closing if you think either option is a realistic possibility.
EMR Price at posting:
$2.26 Sentiment: Buy Disclosure: Held
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