CWK
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0.00% 99.0¢ coalworks limited

http://www.fostock.com.au/announcements/coalworks-ltd-cwk-asx-end...

  1. AI
    1,377 Posts.
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    16/12/11
    11:26
    Post #: 9449427
    http://www.fostock.com.au/announcements/coalworks-ltd-cwk-asx-endocoal-ltd-eoc-asx-and-zyl-ltd-zyl-asx

    We view that a base case scenario of $0.50/t (excluding Oaklands) is equivalent to $1.00/sh for CWK and believe WHC could pay up to $2.30/sh before it becomes dilutive to WHC on an EV/Resource metric.
    CWK Price at posting: 61.8¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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