The deal is one foreign entity (surprise, surprise Chinese) is trying to accumulate 90% of the share holding which only means one thing!
Go figure.
We were expecting a profit on the next report in June to be of equivalent of $2 a share, when the share is valued at less than $6 share AUD.
The profits were derived mainly from NSW coal! Owned by the people of NSW!
Like the Fin Review said " a cash grab".
I call it theft!.........
The deal is one foreign entity (surprise, surprise Chinese) is...
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$5.95 |
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Mkt cap ! $7.856B | |||
| Open | High | Low | Value | Volume |
| $5.90 | $5.99 | $5.85 | $24.34M | 4.108M |
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| No. | Vol. | Price($) |
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| 3 | 48092 | $5.91 |
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| Price($) | Vol. | No. |
|---|---|---|
| $5.95 | 20000 | 1 |
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