I hope you're right cyberstar.
Have a look of Yancoal's HY report released yesterday. They lost 45m. They earned $34 for each tonne they sell, and still they lost money.
In the scheme of things 45m is minimal given the company size. However, unless coal pricing turns to US$70 or so, base on my analysis of latest report, YAL will continue to lose money. I hate this as I have a large investment in YAL.
WHC is probably in the same situation.
How likely are we seeing a price rebound this year? I'm not entirely optimistic, nor am I pessimistic. Market can give surpruises. Might need to crunch my numbers and decide.
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Last
$7.65 |
Change
0.020(0.26%) |
Mkt cap ! $6.399B |
Open | High | Low | Value | Volume |
$7.69 | $7.71 | $7.64 | $24.66M | 3.217M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 22151 | $7.64 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.66 | 12306 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 7.640 |
5 | 3080 | 7.630 |
1 | 1000 | 7.620 |
2 | 2065 | 7.610 |
2 | 11000 | 7.600 |
Price($) | Vol. | No. |
---|---|---|
7.670 | 9000 | 1 |
7.680 | 7000 | 2 |
7.690 | 5500 | 3 |
7.700 | 24000 | 3 |
7.740 | 5000 | 1 |
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