investor101,
When investing in coking coal producers look for those that are at the higher end in terms of quality rather than the low end. For example WHC produce semi soft coking coal. Normally the lowest price point of coking coals. The likes of CRN produce a mid range HCC.
The relative price points as per yesterday's platts are as follows:
As you can see the price for SSCC is very low.
Anyway why are you interested in coal? Why not aim for a new economy type company if you are just starting out?
Cheers
Robin
A lesson to be learned, page-119
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Last
$7.41 |
Change
-0.110(1.46%) |
Mkt cap ! $6.199B | |||
| Open | High | Low | Value | Volume |
| $7.58 | $7.58 | $7.40 | $30.15M | 4.052M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 211007 | $7.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.41 | 4070 | 1 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
$7.41 |
Change
-0.110 ( 1.12 %) |
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| Open | High | Low | Volume | ||
| $7.58 | $7.58 | $7.40 | 1123053 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| WHC (ASX) Chart |