Reads like a coin flip as to whether they survive until coal price improves to me (I did get a chuckle in the quarterly when they said they think high cost marginal producers will drop out the market soon which will improve prices… ‘I thought, that’s you!)
My question is, if more debt may not be available and VA is a possibility, why are they not issuing more shares?
I know it’d destroy shareholder value but the company survives?
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Last
13.0¢ |
Change
-0.005(3.70%) |
Mkt cap ! $217.9M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 12.8¢ | $1.782M | 13.63M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 3031236 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 2952647 | 17 |
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| Last trade - 16.10pm 24/06/2025 (20 minute delay) ? |
| CRN (ASX) Chart |