Looks pretty clear to me, people should be getting the FOOOOOK out.
Don’t expect any great returns from the coal market, it’s just trudging along like a lazy pig, no big demand bumps anywhere over the short to medium term. I think this down cycle could be easily 10-20 years. Those that are old enough, think back to what bulk commodity markets were like before the China boom. They were boring, steady, cheap commodities with little change year-to-year. People made money by buying into miners with tier-1 low cash cost assets or by anticipating the next commodity to have a boom in demand.
India has too many structural issues to ever exhibit the same demand growth numbers as China over the past 2 decades. Game over my friends
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22.5¢ |
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0.005(2.27%) |
Mkt cap ! $180.2M |
Open | High | Low | Value | Volume |
22.5¢ | 22.5¢ | 22.0¢ | $67.41K | 302.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 504059 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.5¢ | 105321 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 504059 | 0.220 |
15 | 418677 | 0.215 |
20 | 484316 | 0.210 |
10 | 394525 | 0.205 |
22 | 881313 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.225 | 12031 | 3 |
0.230 | 174997 | 7 |
0.235 | 558724 | 7 |
0.240 | 1068148 | 12 |
0.245 | 22700 | 2 |
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