DSB 0.00% 14.0¢ delta sbd limited

Fidosnos, you might have difficulty buying out the company as...

  1. 104 Posts.
    Fidosnos, you might have difficulty buying out the company as management own over half. But a feature of the underground coal miners is (a) they have all been listed in the past 6 years (b) they have growing earnings, even WDS (c) they have relatively low market caps, although DSB is the smallest (d) they all sell on low PE's.
    Still, with a ROE of more than 25% for DSB and MYE, they have to make sense on a long term basis.
 
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Currently unlisted public company.

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