Any acquirer would hold a long term startegic view when looking at EOC and I am optimistic of a counter-offer say at 50/50.
The market cap of EOC at 38 cents is a mere $71 M
Peabody bought Macarthur Coal for $4.9 billion.
That's 4,900 Million dollars.
At the price they paid for MCC, they can buy 69 x EOC !
- Forums
- ASX - By Stock
- EOC
- counter-bid clues !
counter-bid clues !, page-3
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity