bell potter target $1.80, page-2

Bloomberg article today.

http://news.businessweek.com/article.asp?documentKey=1376-LWHW8U6JTSEA01-78VABLUVPMBCB90EBBT784AK1P


“There is still potential for the merged Aston-Whitehaven entity to be taken in the future if it proves successful,” Glyn Lawcock, head of resources research at UBS AG in Sydney, said by phone. Otherwise, “the only thing left to go for now is resources in the ground, undeveloped coal resources,” he said, citing two project developers Carabella Resources Ltd. and Bandanna Energy Ltd.

In the same month, Bandanna said it remains in talks with potential parties for a possible sale of the company or its assets and has recently received approaches from new groups. The company has a market value of A$288 million.