1) yankuang.Yeah, I get that. but as we've seen already, it's unlikely to happen due to FIRB. I'm guessing it'll keep the larger funds out and only the smaller funds and individual investors who understand the value will comprise more than the 10% required for takeover. I'm not selling in the current environment. Even an offer 50-100% above current prices isn't worth taking up. See the ChatGPT valuation comment above and look at the long term reserves. China gotta leave 30% here... and FWIW, I hear that management wants to sell down for asx300 inclusion.....2) woke esg
.Thats changing. Seriously. We're not going to notice it at first, but, there's gotta be an admission within the green bureaucrats that their transition ain't working. Privately of course... it'd be career suicide to say it publicly. So, there's gotta be some of the smarter ones buying coal... no doubt some are here in this forum. Their impact will be slow at first, then a snowball like rush to get on the coal train, then it'll irrationally boom, then it'll burst... the more things change the more they stay the same.
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