The drop in the share price makes no sense at all. Unless there are significant problems with transport and other things we don't know about.
At least if you look at the latest figures and the outlook. 80 million cash +estimated cash inflow in july of at least 10 million AUD.Extrapolated for the next months withincreasing production from 430 kt in the last quarter to 600 kt in Q3 and decreasing costs due to increased share of Met coal.
By the end of the year, a cash balance of 120-140 million AUD should be possible and the repayment of debts no problem at all.
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Last
5.1¢ |
Change
0.001(2.00%) |
Mkt cap ! $145.2M |
Open | High | Low | Value | Volume |
5.2¢ | 5.2¢ | 5.0¢ | $93.29K | 1.835M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 604655 | 5.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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5.2¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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2 | 604655 | 0.051 |
12 | 1153288 | 0.050 |
5 | 699795 | 0.049 |
9 | 844814 | 0.048 |
4 | 725000 | 0.047 |
Price($) | Vol. | No. |
---|---|---|
0.052 | 100000 | 1 |
0.053 | 268849 | 3 |
0.056 | 375000 | 2 |
0.057 | 200000 | 2 |
0.058 | 207269 | 1 |
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