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0.00% $16.01 macarthur coal limited

re: Ann: MCC Capital Raising and Acquisition ... This may...

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  1. street talk
    6,350 Posts.
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    25/08/10
    12:02
    Post #: 7060825
    re: Ann: MCC Capital Raising and Acquisition ... This may explain the selling pressure (from AFR website):

    Market questions Macarthur purchase
    PUBLISHED : 1 hours 50 minutes ago PUBLISHED: 25 Aug 2010 10:12:45

    UBS said the Queensland coal project Macarthur paid $360 million for may have a net present value of only $19 million.

    MCC Price at posting: $11.35 Sentiment: None Disclosure: Not Held
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