Gloucester Coal set to be 'gobbled up'

NEW South Wales miner Gloucester Coal has entered a trading halt, pending the release of a “price sensitive announcement regarding its ownership”.

Gloucester Coal set to be 'gobbled up' Gloucester Coal set to be 'gobbled up' Gloucester Coal set to be 'gobbled up' Gloucester Coal set to be 'gobbled up' Gloucester Coal set to be 'gobbled up'

Shaw Stockbroking resource analyst John Colnan told International Longwall News that given Gloucester’s prime location in the Hunter Valley, it was no surprise that a takeover seemed imminent.

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