The night before, the ABC reported the doubled coking coal price and mentioned SMR. Maybe other news outlets carried it too (they all get their news from the same feeds). I think the sp has a lot more than 15% still to go. 1mtpa prodn at say $100 above break-even is $70m pa profit after tax, which equates to a mkt cap of the order of $700m. That's ?5 times current price??
The night before, the ABC reported the doubled coking coal price...
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Last
$1.90 |
Change
0.023(1.20%) |
Mkt cap ! $1.708B | |||
| Open | High | Low | Value | Volume |
| $1.86 | $1.91 | $1.84 | $1.130M | 602.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 14483 | $1.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.91 | 1007 | 4 |
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| Last trade - 13.03pm 20/06/2025 (20 minute delay) ? |
| SMR (ASX) Chart |