YAL 0.96% $7.33 yancoal australia limited

Ann: Half-year Financial Results 2023 Presentation, page-29

  1. 450 Posts.
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    It surely depends on value: that is, the price of the acquisitions and their projected returns. It’s absurd to argue that these BHP assets have no value, but equally that they should be purchased at any price. Any prospective purchaser, be it WHC or another company, will need to do a really good job on due diligence. The risk in WHC’s new ‘growth agenda’ is that it will make a marginal decision to buy and then live to regret what turns out to be a poor investment decision. It’s happened many times before, of course!
 
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