AHQ 0.00% 1.3¢ allegiance coal limited

Ann: Acquires Short Creek Mine and Completes A$30 M Placement, page-3

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 728 Posts.
    lightbulb Created with Sketch. 45
    Not surprised re price May put small amount in to average down. Position size is everything. This should not be really more than 1% of a portfolio. There is some logic to the acquisition and they will do very well if coal prices are sustained beyond 2 years (allowing time to get to production). The blending seems to be a solution to a lot of the quality issues. Again wish they would focus on the current portfolio.
 
watchlist Created with Sketch. Add AHQ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.