MELBOURNE (Dow Jones)--China's Yanzhou Coal Mining Co. (1171.HK) is believed to have made an indicative offer of A$20.00 a share for Australia's Felix Resources Ltd. (FLX.AU), the Australian Financial Review reports Tuesday.
Without citing its sources, the newspaper's Street Talk column says the offer - revealed last week - was presumably before the market falls started to accelerate, with any deal likely to fall between A$15.00 and A$20.00.
The newspaper also said ABN AMRO is acting on behalf of Yanzhou as it completes due diligence of Felix's Hunter Valley and Queensland assets in Australia.
Newspaper Web site: http://www.afr.com
MELBOURNE (Dow Jones)--China's Yanzhou Coal Mining Co. (1171.HK)...
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Last
21.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.29M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.0¢ | 20.5¢ | $39.81K | 189.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10556 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 26578 | 1 |
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| Last trade - 16.10pm 09/09/2025 (20 minute delay) ? |
| FLX (ASX) Chart |