Peabody is known to get what they want, and noticed CRN doing some defensive actions.
CRN has a PE of 2.54, EPS of 78.8, and Free Cash Flow of 47.29%.
Recently provided a dividend in USD, with a nice yield on $1.70 SP.
The PE ratio is very attractive to a company like Peabody.
Split the business up, sell off the low performers, keep the best.
CRN will fight hard to get maximum price, as they seem to look after themselves.
Not many companies with a PE of 2.54, should attract a premium to $2.08.
Would love to know current Peabody holding in CRN, after securities withdrawn
from the marketplace by CRN.
Peabody usually moves quickly. Expect further announcements next week.
Takeover from Peabody
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Last
$1.20 |
Change
0.015(1.27%) |
Mkt cap ! $2.011B | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.21 | $1.18 | $2.620M | 2.189M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 129838 | $1.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.20 | 122848 | 9 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.20 |
Change
0.015 ( 1.07 %) |
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| Open | High | Low | Volume | ||
| $1.19 | $1.21 | $1.18 | 921304 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| CRN (ASX) Chart |