GLL 7.69% 1.2¢ galilee energy limited

considering spining out its Coal divisionI think its good and...

  1. 7,117 Posts.
    considering spining out its Coal division

    I think its good and bad

    Good because perhaps finally we will get some proper value recognition for the profitable coal division as a stand alone company

    Bad because there goes the operating profit

    However good because it makes GLL a much cleaner vehicle for AGL to takeover if they so wished

 
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