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0.00% $3.54 gloucester coal ltd

I am well aware of the lower coal price at the moment, and yes,...

  1. snowfree2
    205 Posts.
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    28/06/12
    09:43
    Post #: 10363369
    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.
    GCL Price at posting: $3.54 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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