You are viewing:-
you're reading...
1.Market Observations, 8.Was Sticky

31 Aug 2015 (TheAge) – Heavyweights lose patience with coal – Coal M&A predicted to rise as prices slump and growth projects prove difficult

(31 August 2015, The Age, BusinessDay, p25, Amanda Saunders)

‘Consolidation is set to sweep Australia’s struggling coal sector over the next six to 12 months, as diversified majors lose patience with depressed coal prices and companies choose M&A instead of navigating a political and environmental minefield to develop new projects.  Ernst & Young transactions partner Paul Murphy says Australian coal will follow the run of M&A in gold, the only sector that has demonstrated an appetite for growth, by consolidating at the mid-tier level. ‘

Read the full story at TheAge.com.au

Advertisements

About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Advertisements
%d bloggers like this: