OMG - another ex-Petra "deadman walking" company - good to see...

OMG - another ex-Petra "deadman walking" company - good to see that the company will just keep its head above water (unless a big rogue wave appears), so that it can provide a very good income for MD, BOD, senior & junior staff, contractors and the Qld state coffers and the local community who benefit from the high wages of local miners and truckies, and for good measure, repaying its debts. Until the debts are cleared, this company and the jobs and taxes it provides, will not be safe.

Outstanding outcome for .... all except SH .... thank the Lord I abandoned this sinking ship while still a good winner, though not at the top.
BCB's Chart is yet another example of why a technical based trading plan is essential NOT merely one based on amateur fundamentalism.
The game was up when a once very prominent BOD member sold out and moved on, while still remaining prominent in the coal industry.
" Stop Loss " stops further losses - from a peak of 40c to 0.8c ..... OMG ... fools rush in where wisemen fear to tread.