haka - I did not initially agree with the substantial holder suggestion, but I'm now leaning into it rather strongly.
Then I thought who might it be, and the thought what about someone who took a strategic stake in coking coal in a listed company that had assets that supplied all their operations in last major downturn as a hedge against future coking price increases. Then I thought who took a stake in Riversdale mining for access to pricing protection for coking purchases for their Indian and European assets? Then I thought Tata Steel, then when I analysed that they are one of the biggest buyers of Curragh product and their UK operations buy Buchanan. I think the above detail is correct however I'm never certain.
It might not be Tata - but its plausible there are entities out their that would be a strong bidder for a stake in pure play met coal producer that has both Australian and USA production.
DYOR - I might now shit.
haka - I did not initially agree with the substantial holder...
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Last
$1.21 |
Change
0.005(0.42%) |
Mkt cap ! $2.032B | |||
| Open | High | Low | Value | Volume |
| $1.21 | $1.23 | $1.20 | $2.117M | 1.749M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 10024 | $1.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.21 | 32239 | 45 |
View Market Depth
| Last trade - 15.39pm 06/05/2024 (20 minute delay) ? |
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Last
$1.21 |
Change
0.005 ( 0.78 %) |
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| Open | High | Low | Volume | ||
| $1.22 | $1.22 | $1.20 | 784131 | ||
| Last updated 15.58pm 06/05/2024 ? | |||||
| CRN (ASX) Chart |