GCL gloucester coal ltd
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merger announcement

  1. anilara1
    223 Posts.
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    20/02/09
    13:34
    Post #: 4819762
    Nil premium merger announced with Whitehaven.

    Looks positive in terms of resources, project pipeline and cash. I am not sure of forecasts, cash flows and future divi's.

    Looks to be a done deal with 74% of Whitehaven shares held by directors who have agreed to accept in the absence of a higher offer

    Any other thoughts?
    GCL Price at posting: $3.07 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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