I have exited my position today.
I will wait until the day of the release of results.
Hopefully there will be a great opportunity to buy that day or shortly thereafter. If not, no big deal.
Have a look at the trading range of WHC as an example. They are the opportunities you look for. Well I do.
In and out as I don't like the prospects of thermal coal.
Met coal is king.
I will post something for all of you to look and analyse and draw your own conclusions directly after the market closes.
I'm fairly certain it's very accurate.
Takeover from Peabody, page-68
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Last
$1.19 |
Change
0.010(0.85%) |
Mkt cap ! $1.986B | |||
| Open | High | Low | Value | Volume |
| $1.19 | $1.20 | $1.18 | $3.376M | 2.839M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 199815 | $1.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.19 | 10468 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| CRN (ASX) Chart |