I’m saying most M&A fails… about 2/3rds… because companies overpay. There’s often a stupid side in each deal…
pre CoVID & Ukraine war PCI traded below $100/t, it’s now at $180, with Russian tonnes in the global market and inflation now well down, so it looks like coal prices have topped and unlikely to back above PCI $210 soon. If anything risk is to the downside because 2024 is the aftermath of the bubble.
there are countless examples of coal mine transactions… so focusing on this one as the most recent example. BHP had the upper hand and was in no rush to sell, so chose its point… WHC wanted to become bigger
I’m saying most M&A fails… about 2/3rds… because companies...
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SMR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.57 |
Change
0.080(2.29%) |
Mkt cap ! $3.217B | |||
| Open | High | Low | Value | Volume |
| $3.46 | $3.57 | $3.46 | $3.625M | 1.026M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1115 | $3.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.57 | 25295 | 8 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| SMR (ASX) Chart |