Was interesting to see the parent company behind Valley Longwall...

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