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Coal Fe takes 60% stake in Indonesian coal project for $60m

Victoria Park-based Coal Fe Resources Ltd will acquire a 60 per cent stake in a subsidiary of Indonesia-based PT Bungo Raya Nusantara for $60 million in cash and scrip, the company has announced.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Share Transactions

27/01/17
$0 Sold
20/10/14
$2.1m Bought
17/10/14
$2.1m Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

269th↑Ausgold$74k
270th↑Antilles Oil and Gas$74k
271st↓Aus Asia Minerals$73k
272nd↑International Goldfields$72k
273rd↓Piedmont Lithium$71k
511 listed resources companies ranked by revenue.
Source: Morningstar

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