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Wesfarmers could have got more for Curragh: BAML

Wesfarmers said it would book a $100 million after-tax profit on the sale.

Lou Caruana
The Curragh dragline operation in Queensland.

The Curragh dragline operation in Queensland.

"The outlook of coal prices remains uncertain and presents a volatile earnings stream for Wesfarmers, which substantiates the exit," BAML analyst David Errington said. "However, given recent high prices,...

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