A week or so ago there was an article in the AFR about PEM having a large number of franking credits which had a large value relative to the share price - any chance they could relsease this money as they have with the hedging? Would that be a good idea?
Also, why can't they reach an agreement with CBH to share the mill to reduce costs? Don't see why they have to fully merge to gain that benefit?
Any views and info appreciated
Thanks
A week or so ago there was an article in the AFR about PEM...
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