Agree but there are also long term contracts being arranged at decent prices like $200/tonne for NEWC. I don't see the coal prices falling much further from here but even if they did Yancoal is better placed for it than most of the other miners due to the crucial mix.
2023 CHART THREAD, page-194
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$6.40 |
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Mkt cap ! $8.450B | |||
| Open | High | Low | Value | Volume |
| $6.28 | $6.44 | $6.24 | $139.8M | 22.19M |
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| No. | Vol. | Price($) |
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| 1 | 93 | $6.39 |
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|---|---|---|
| $6.40 | 15538 | 4 |
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| YAL (ASX) Chart |