I don't think it's just that easy. Otherwise, I'm sure it would've happened by now. Probably could ask why the Chinese haven't taken Yancoal private yet? I know they tried a lowball TO but the FIRB stepped in and intervened.
When you look across the board, most of these coal companies are cheap based on spot. There is definitely some risk priced in with Stanmore given M&A uncertainty and the Indonesian's owning a controlling stake.
SMR Price at posting:
$3.08 Sentiment: Buy Disclosure: Held
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