investing in bathurst is like buying a call option on the price of coal..... an opened dated one with fantastic upside and of course like all investment has some risk attach to it.
I believe bathurst SP suffers a discount from the Pike river failure.
This is disapointing as they are two completely different machines.
lets not forget the reason why the market has been flooded with coal.
the assuie $ tanked making it easier for them to dump coal onto the world market and still make a profit.
Well the aussie $ is on the rise which will take away there competetive advantage and they too will slow down production when their margains are squeezed from a rising currency.
Ann: Business Update , page-11
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Last
75.5¢ |
Change
0.010(1.34%) |
Mkt cap ! $144.4M | |||
| Open | High | Low | Value | Volume |
| 75.5¢ | 75.5¢ | 74.5¢ | $60.10K | 79.87K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8013 | 75.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 77.5¢ | 300000 | 1 |
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| Last trade - 15.50pm 18/11/2024 (20 minute delay) ? |
| BRL (ASX) Chart |