I agree, and
At these prices you can forget $80M and 5c unless you are representing a fraction of a months EBITDA, more like US$1.5B, being AU$1.88B pa.
There will not be much debt to talk about… very soon, remember also the recent receivable. Was that US$34M?
I have noticed the posts on the CRN, have moved beyond the doom and gloom of the past. It is a far healthier conversation now then about 18 months ago, when we discussed what the future turnaround would be like. Now it is here, we could not have asked for a better outcome.
I bet very few people predicted these prices.
Also the latest commentary is suggesting we are at these coal prices for some time,,. potentially the new normal once it settles.
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Mkt cap ! $1.550B |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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3 | 6781 | 0.910 |
6 | 38360 | 0.905 |
13 | 85419 | 0.900 |
2 | 6181 | 0.895 |
Price($) | Vol. | No. |
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0.930 | 96934 | 15 |
0.935 | 11265 | 1 |
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