I remain quietly confident that there’ll be a recovery in the share price, but we’ll probably have to wait for the next quarterly report at the end of April. Assuming that report delivers good news (on production levels, coal sales and prices, cost control, easing of logistical problems [trains, shipping], progress with repayment of debt etc) I can see the share price rising back to 10c+ reasonably quickly, with a path to 15c within 12-18 months. If the next report contained a litany of problems (which I don’t expect) it might be time to wave goodbye to this stock.
I remain quietly confident that there’ll be a recovery in the...
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Last
5.4¢ |
Change
0.001(1.89%) |
Mkt cap ! $153.5M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.6¢ | 5.1¢ | $211.5K | 3.962M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 44967 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 600000 | 1 |
View Market Depth
| Last trade - 16.10pm 09/05/2024 (20 minute delay) ? |
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Last
5.3¢ |
Change
0.001 ( 1.85 %) |
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| Open | High | Low | Volume | ||
| 5.3¢ | 5.5¢ | 5.2¢ | 712811 | ||
| Last updated 15.58pm 09/05/2024 ? | |||||
| BCB (ASX) Chart |