YAL 2.33% $6.14 yancoal australia limited

A question here, is there any reason to justify the siginficant...

  1. 34 Posts.
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    A question here, is there any reason to justify the siginficant premium market has assigned above the takeover bid price by YAL's largest shareholder? I meant YKE knows a lot more than the general public about the operation of YAL and its profitability potential long-term. Other than the historically high coal price realised for FY22-23, anything else is suggesting the general market should be more bullish than YKE and its management team? Glencore also pulled out at $5, I know they are only taking a financial interest, but Glencore is also a major player in the global coal market, their market intelligence is unmatched.

    Thx
 
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$6.14
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8 11261 $6.13
 

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$6.14 10939 8
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