Today's production numbers and the tone of the announcement is very positive. As production flows through to dollars, profits will lift quickly.
Hopefully the share price will also quickly respond but I've been patient on this one - the stock is worth at least $1.30 on even a low p/e - if it gets valued like some of the other coal miners $2 next year is possible.
Good investing !
- Forums
- ASX - By Stock
- AUO
- encouraging rom production figures
AUO
austral coal limited
encouraging rom production figures, page-4
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.