Wholeheartedly agree, curious.
S32 is capable of taking all that into consideration, hence my words above "GK & Team may well laugh at the foolishness of this..."
They live and breathe the Ni market every day. I defer to their judgement.
We do know AAL's Ni business is for sale and S32 has to be considered a potential buyer.
S32's balance sheet is very strong. Some would argue it is 'lazy' with so much cash and near-cash sloshing around from the Illawarra sale.
What will they buy?
Ash
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