4 coal anomalies imo are
UNV takeover offer at 25c lapsed because NCC mine didnt come into production as planned (was one of the bid requirements or conditions)
Since then NCC mine has now come online and we've had coal prices increase in a big way and yet UNV sits marginally above its lows
CKA takeover offer at 15c (now 11c allowing for dilution) Coking coal price has doubled and stock sits under 5c
AFR 9 Billion Tonnes of Thermal Coal with plans to create power plants and most importantly for a spec funded by a $10m farm in but market doesnt seem to care and it sits near lows
NHC this one is the strangest as its the largest pure play coal stock, is profitable and doing well and yet price has barely budged during this coal boom
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