the medium term structural setup for coming is better for net coal than thermal. short term however the market positioning was way off on WHC with sorters positioning incorrectly for a cap raise. thermal coal was hammered as well so coming off a 95th percentile bade. not so much coking. upside in both for sure but more confidence in CRN for a 12 month play.
I'm in both but WHC will be sold first for sure....
CRN chart, page-100
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 (20min delay)
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Last
$1.35 |
Change
0.010(0.75%) |
Mkt cap ! $2.263B | |||
| Open | High | Low | Value | Volume |
| $1.34 | $1.36 | $1.33 | $2.737M | 2.032M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16652 | $1.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.36 | 37134 | 3 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| CRN (ASX) Chart |