I think a strong counter-thesis might be that AZJ price is reliant on coal VOLUME> not price and volatility. Cutting of supply due to politics and legistlation would hurt AZJ, but not many of the coal producers left standing
The future of AZJ, page-272
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Last
$3.64 |
Change
0.035(0.97%) |
Mkt cap ! $6.690B | |||
| Open | High | Low | Value | Volume |
| $3.63 | $3.64 | $3.61 | $3.020M | 832.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 123485 | $3.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.64 | 136321 | 49 |
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| Last trade - 11.32am 15/07/2024 (20 minute delay) ? |
| AZJ (ASX) Chart |