That is clearly not the case at the moment as the thermal coal price has fallen out of bed over the last ten days whereas the coking coal price has hardly moved but our share price is definitely falling in sympathy with the thermal coal miners such as WHC & NHC.
Singapore futures does have coking coal prices falling to around US$180 in twelve months time compared to US$375 for this month and so CRN will be priced on this medium term coking coal price.
SGX Aus Coking Coal Prices and SGX Aus Coking Coal Futures Prices - Barchart.com
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Last
$1.00 |
Change
-0.010(0.99%) |
Mkt cap ! $1.676B |
Open | High | Low | Value | Volume |
$1.01 | $1.02 | $1.00 | $699.8K | 696.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 162746 | $1.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.01 | 54015 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 162746 | 1.000 |
3 | 6091 | 0.995 |
4 | 11700 | 0.990 |
2 | 9800 | 0.985 |
7 | 46847 | 0.980 |
Price($) | Vol. | No. |
---|---|---|
1.005 | 54015 | 3 |
1.015 | 504 | 1 |
1.020 | 3591 | 2 |
1.030 | 14708 | 2 |
1.040 | 9500 | 2 |
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