They've been talking acquisitions for a while now, I'm surprised we haven't seen one yet but I'm very pleased they are taking their time & waiting for "compelling value".
There was something in the recent investor presentation that made me think "coal" straight away. They had even changed their mission statement to include the word "energy" in the slides so that was a bit of a giveaway.
Looking to build a mini AQA here I think.
IOH Price at posting:
96.0¢ Sentiment: Hold Disclosure: Held