I bet the office cat wouldn't have bought those domestic thermal coal assets!!!!
It does sound like the coal markets are finally stabilising and some supply cuts are slowly coming through.
That said it is very unlikely the HCC price bounces to $170+, which is the price "management" used in their accounts to get a zero valuation for Buller.
BRL tail wind now, page-12
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Last
76.0¢ |
Change
0.030(4.11%) |
Mkt cap ! $145.4M | |||
| Open | High | Low | Value | Volume |
| 73.0¢ | 77.0¢ | 72.0¢ | $18.68K | 25.00K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 40000 | 73.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 77.0¢ | 26500 | 1 |
View Market Depth
| Last trade - 12.32pm 06/08/2024 (20 minute delay) ? |
| BRL (ASX) Chart |