MET coal prices are in free fall, company might be wildly profitable but market sentiment is sell sell sell in the short term. prices seem to be flatting out but the demand for Met is low, market is being flooded by other players around the world, steel production is low in china many blast furnaces are not not even fired up or working at capacity due to low demand.
Ann: December 2023 Quarterly Activities Report, page-47
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Last
$3.90 |
Change
0.000(0.00%) |
Mkt cap ! $3.515B | |||
| Open | High | Low | Value | Volume |
| $3.90 | $3.98 | $3.80 | $8.522M | 2.178M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 68234 | $3.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.92 | 55985 | 4 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| SMR (ASX) Chart |