This is a sensible move, low capital commitment for an adjacent asset. It's good long term thinking. Coking coal assets are being snapped up by Asian buyers at every opportunity (S32/GEAR, S32/SMR, WHC selldown) because they understand the fundamentals on a 10-20 year view. These assets are dirt cheap, replacement cost is significantly more if you could even get new mines approved, and the demand profile looks great
This is a sensible move, low capital commitment for an adjacent...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$1.86 |
Change
0.030(1.64%) |
Mkt cap ! $1.681B | |||
| Open | High | Low | Value | Volume |
| $1.83 | $1.88 | $1.81 | $1.377M | 744.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 42 | 25642 | $1.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.86 | 9504 | 6 |
View Market Depth
| Last trade - 12.55pm 26/06/2025 (20 minute delay) ? |
| SMR (ASX) Chart |