They won't necessarily get all that! The deal is: South32 will receive 49% of the free cash flow generated by SAEC for a period commencing at the date of completion to March 2024, with payment capped at a maximum of 1.5 billion South African Rand per annum.
Ann: Agreement to Divest South Africa Energy Coal, page-4
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Last
$3.03 |
Change
0.030(1.00%) |
Mkt cap ! $13.58B | |||
| Open | High | Low | Value | Volume |
| $3.00 | $3.04 | $3.00 | $6.024M | 2.000M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 127079 | $3.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.04 | 108492 | 26 |
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| Last trade - 10.24am 05/09/2024 (20 minute delay) ? |
| S32 (ASX) Chart |