YAL 3.89% $7.17 yancoal australia limited

Should be at least double, page-141

  1. 2,718 Posts.
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    Yancoal's CEO, David Moult, mentioned that the company is interested in acquiring BHP's coking coal assets. This interest aligns with Yancoal's strategy to expand its portfolio, but they aim to avoid a bidding war, looking at this statement they are interested to buy new assests, but they are shy at bidding war.. they want to avoid it for some reason (may be not to attract attention and attract negativity around Chinese investment in the company)
 
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