md, it will make very little difference to share price in my opinion. Investors are focused on current thermal coal price and CAPEX.
Investors in coal are stuck for a long time.
Let's not be delusional........the market is currently spot on.
Hopefully, a prolonged and depressed share price will eventually create a bit of M&A in the junior sector by the long term investors in Asia and perhaps the big ASX listed companies who are always looking to build a resource for the longer term.
I thought initially towards end of this year but now believe it will be in the new year.
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Last
$1.89 |
Change
-0.040(2.07%) |
Mkt cap ! $1.703B | |||
| Open | High | Low | Value | Volume |
| $1.86 | $1.92 | $1.86 | $5.311M | 2.798M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6845 | $1.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.91 | 23293 | 4 |
View Market Depth
| Last trade - 16.11pm 23/06/2025 (20 minute delay) ? |
| SMR (ASX) Chart |