cry babies, page-2

Trime61. They are talking about selling all or part of their South African thermal coal business. Where do you get this thing about selling non core assets?

Even if they did sell their thermal coal business in SA, and lets face it, that's all they have that could have any value (assuming someone weirdly values an unprofitable coal business), they would need at least a multiple of market cap to repay operating company liabilities and another multiple or more to repay hold co liabilities.

If you've heard a rumour of assets sales for 3x the current market cap, then you may be able to justify the current share price.

Do you really think you understand this story Trime61?