I doubt that Wiri.
Coal stocks are not exactly the flavour of the month over the past couple of years so I expect the stock to trade near the list price. Also, there are likely to be many retail ATU holders who dump their free shares early on which will put some downward pressure on the price, at least initially.
I expect the stock to trade in the low 20's early on.
kudos to kuro, page-22
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