TIG 0.00% 0.3¢ tigers realm coal limited

Found this article in The Australian business section on the...

  1. 34 Posts.
    Found this article in The Australian business section on the 23rd of this month.

    "Given the continuing hot market for merger and acquisition activity in the sector, speculation could resurface.

    Foster Stockbroking analyst Craig Brown estimates there has been $25 billion in deals involving coal producers in the past 18 months and $6bn in deals involving explorers-developers.

    He said yesterday that the consolidation meant attention was switching to the sub $1bn market capitalisation of aspiring coal explorers, developers and producers listed on the ASX.

    He said they were "looking to expand and feed the ongoing demand from power stations and steelmakers in China".

    "We expect many institutions will be looking for replacement exposure to coal given the value of deals generated in the Australian market over the last 12 to 18 months," he said.

    His picks among the sector were Acacia Coal, Bandanna Energy, Guildford Coal and Tigers Realm Coal".


    Maybe some interest can be drummed up for Tiger over the coming weeks. There was talk about Tiger looking for a cornerstone investor to buy a chunk a couple of weeks ago, hopefully here something on that soon. Looks to be a really underrated company sneaking under the radar and IMO the sp will soon get going on the back of some good announcements ie winter drilling results and a sophisticated cornerstone investor.
    Appreciate anyone else's feedback or comments.
 
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