YAL 2.98% $7.26 yancoal australia limited

Why would they be doing this? Is it because they know how much...

  1. 283 Posts.
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    Why would they be doing this? Is it because they know how much cash the company is generating at the moment? Wouldn’t they have to get an independent valuation done , if so I can’t see it been at the $5 mark.
 
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