EOC endocoal limited
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corporate transaction soon ?

  1. Matt747
    10,494 Posts.
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    04/10/12
    15:38
    Post #: 10813391
    Judging from the sp movement (seems like a conscious effort to depress the sp), is an offer imminent ??

    Especially so since EOC has been soliciting.

    Seems like the trough of the cycle has been reached.

    Coking price may soon start to recover as some pundits suggests (certainly Gelncore is bullish).

    http://www.businessweek.com/news/2012-10-03/billionaire-glasenberg-bets-on-coal-rebound-with-xstrata-energy
    EOC Price at posting: 22.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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