Was always going to happen considering the soft spot market but overall it's still looking like a very good FY result thus far and the guidance provided with the impact being US$50M reduction is on a spot price of $140 per tonne.......not sure what it is now but it was $160 last month.
Still an absolute cash cow and looks like it will continue to be so even in this weak market.
It's a massive BUY for me for anyone who has patience to see out this cyclical bump, in time rewards will be significant imho.
News: CRN Coronado Global Resources Reaffirms Production, Operating Cost & Capital Expenditure..., page-2
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Last
$1.42 |
Change
0.015(1.07%) |
Mkt cap ! $2.372B | |||
| Open | High | Low | Value | Volume |
| $1.43 | $1.43 | $1.39 | $3.443M | 2.427M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 22504 | $1.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.42 | 5552 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| CRN (ASX) Chart |