GCL 0.00% $3.54 gloucester coal ltd

this is madness, page-17

  1. 205 Posts.
    I am well aware of the lower coal price at the moment, and yes, it may stay low for a long while.

    However, at sub $1 per share for Yancoal, it implies the market cap is around $900M, which is even lower (much lower) than Gloucester alone before the deal.

    We will find out soon.
 
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