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.
There is no chance they sell 20% of Blackwater for at least...
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Last
$8.00 |
Change
0.180(2.30%) |
Mkt cap ! $6.692B | |||
| Open | High | Low | Value | Volume |
| $7.86 | $8.00 | $7.83 | $25.19M | 3.178M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 8928 | $7.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.00 | 149312 | 47 |
View Market Depth
| Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
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Last
$7.99 |
Change
0.180 ( 2.28 %) |
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| Open | High | Low | Volume | ||
| $7.87 | $8.00 | $7.83 | 850034 | ||
| Last updated 15.59pm 28/05/2024 ? | |||||
| WHC (ASX) Chart |