Of course their confidant coal at a all time high & the board getting 13 half million shares & there sophisticated investors getting 700 mill at 2.2c for securing assets from SE. I would have a sparkle in my eye as well but it is yet to be approved by ioi & until then i think it's still a risk imo . Once approved then apparently we have the new Bunnings but I also see Bunnings owners Wesfarmers are also trying to sell there coals assets in a rising market. Nothing makes sense anymore maybe brl might be interested! Just my curiosity but why wasn't the financial side of the offer detailed to shareholders. If it was a great offer it would do wonders for the sp. Was it spoken about at the agm ?
BRL Price at posting:
9.4¢ Sentiment: None Disclosure: Not Held
