Hi Guys
For anyone interested I have put together some articles I read over the last few days which give some insight into the "Coal Ban/ Import Slowdown impacting Australian coal entering select ports in China"
I can only see positives from this for AKM, IMO this will help sure up any potential off takes in the future as the issues facing the Chinese coal industry are continuing to grow with the tightening of regulations around safety and pollution. Which is forcing local Chinese mines to close impacting supply and margins for mills and consumers a like.
Which I believe will inevitably lead to China looking to lock down more regional supply, An update from the business with the right figures could go along way to getting the share price moving again considering the current interest.
https://www.abc.net.au/news/2019-02-25/china-policy-on-australian-coal-dark-and-impenetrable/10843148
disallowed/politics/federal/trade-minister-says-protectionism-may-play-a-role-in-china-coal-export-slowdown-20190224-p50zvu.html
https://www.copyright link/business/mining/coal/australia-rejects-conspiracy-theories-as-china-coal-delays-double-20190224-h1bn7x
GL to all Holders
Gb
Hi Guys For anyone interested I have put together some articles...
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Last
36.0¢ |
Change
0.010(2.86%) |
Mkt cap ! $182.7M | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 36.0¢ | 35.0¢ | $42.16K | 119.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 20682 | 1 |
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| Last trade - 15.32pm 04/07/2024 (20 minute delay) ? |
| AKM (ASX) Chart |