potential bid for valley longwall, page-3

Was interesting to see the parent company behind Valley Longwall have also just sold another firm in jv with maquarie bank for $460 mill.

They paid $250 Million for Valley so it appears they are exiting certain assests.

Crescent capital are the private equity firm who own it but you have to be a member to access more info on their site.

another great day for volume with the SP up and down during the day a bit.

Nice depth building.

DYOR

They are either a takeover target at .60c or will take over another equal compeditor to create a $700 Million company