Yep, not the best couple of weeks. Alot of Coal stocks are in the same boat however most not quite so severely down.
If you look at the size of the trades it makes you wonder why such a big drop, definitely a big retrace. Looks like this one is being slightly manipulated to get it lower at the moment, all since it went onto SETS trading in London.
Who knows, but some positive news at the AGM or quaterly update should make this substantially bounce back to the 130-140p mark if not bring out the bid.
CCD Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held