WHC 2.58% $7.95 whitehaven coal limited

Ann: Acquisition of Daunia and Blackwater Mines Completes, page-34

  1. 792 Posts.
    lightbulb Created with Sketch. 134
    There is no chance they sell 20% of Blackwater for at least US$1.5b. That would be equivalent to at least US$7.5b for 100% of Blackwater.

    Two reasons why:

    1. WHC has a market cap of AU$6b. Why wouldn't the bidders just go for the whole company and get the NSW mines and Daunia mine for free?

    2. WHC is paying US$3.2b to US$4.1b for 100% of Blackwater and Daunia. The buyers may be generous but that aren't insane.


 
watchlist Created with Sketch. Add WHC (ASX) to my watchlist
(20min delay)
Last
$7.95
Change
0.200(2.58%)
Mkt cap ! $6.650B
Open High Low Value Volume
$7.83 $8.02 $7.81 $81.15M 10.26M

Buyers (Bids)

No. Vol. Price($)
2 18264 $7.95
 

Sellers (Offers)

Price($) Vol. No.
$7.99 13073 2
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
WHC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.