Most coal miners have seen share prices fall 60% to 97% as news out of China points to their running down stocks, refusing orders and renegotiating at lower prices.
Basically, they don't need Draig's coal that lies in the ground out there in Indonesia and Mongolia.
As soon as the worm turns in markets and lower commodity prices work their way through, demand will pick up again.
So keep patient and wait for a recovery some time in 2014, hopefully.
- Forums
- ASX - By Stock
- BGL
- elections
elections, page-3
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BGL (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.31 |
Change
0.020(1.55%) |
Mkt cap ! $1.676B |
Open | High | Low | Value | Volume |
$1.29 | $1.32 | $1.28 | $9.023M | 6.937M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 99998 | $1.31 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.32 | 121856 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9530 | 1.305 |
3 | 21157 | 1.300 |
2 | 11840 | 1.295 |
2 | 17530 | 1.290 |
3 | 32300 | 1.285 |
Price($) | Vol. | No. |
---|---|---|
1.315 | 17860 | 2 |
1.320 | 44716 | 6 |
1.325 | 14612 | 3 |
1.330 | 66848 | 4 |
1.335 | 10036 | 1 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
BGL (ASX) Chart |