funny, that article says Glencore has 5% when it really has 12.4%.
That article also says CEY drops 10c to $4.37 when it's currently at $4.64, low price today $4.60
-------------------------------------------------
0900 [Dow Jones] Austral Coal (AUO.AU) set to head back to record high A$1.43
struck mid-March after Glencore shows its hand with 12.4% stake, hints rival
cash bid might be in offing. Xstrata, which is controlled by Glencore and still
licking its wounds after failed A$8.2 billion bid for WMC (WMR.AU), could be bid
vehicle. AUO last A$1.34; Centennial Coal (CEY.AU) has about 30% of target under
friendly 10-for-37 share swap offer that values AUO at A$1.31. (IGP)
- Forums
- ASX - By Stock
- AUO
- worth a punt ?
AUO
austral coal limited
worth a punt ?, page-5
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)