CRN 1.07% $1.42 coronado global resources inc.

Seems like some real dislocation here. Miningnut might be right...

  1. 2,459 Posts.
    lightbulb Created with Sketch. 694
    Seems like some real dislocation here. Miningnut might be right - moderating due to Q3 not being as clear as Q4 (eg hedge/unhedged etc). Q4 looks like a corker. Whitehaven has outpaced CRN fairly significantly but heavier debt load there constraining opportunity for special dividends etc.

    https://hotcopper.com.au/data/attachments/3691/3691624-f9a1810eb85ad80d419f8e21fbe98e35.jpg

    Looks set on the monthly to turn back to trend with $1.7 in sight.
    https://hotcopper.com.au/data/attachments/3691/3691665-602e334d4540dda44cd127aadd6fc816.jpg



    What's the prospect of another special div setup ala 31c quickly followed by 12c in 2019? If CRN runs to $3, then buying at $1.50 could set up a >12% div + 2x return. Any issues I should be aware of here?
    https://hotcopper.com.au/data/attachments/3691/3691625-b590dfb2530557646509ec987dd3b56a.jpg

    Last edited by barrybigjobs: 15/10/21
 
watchlist Created with Sketch. Add CRN (ASX) to my watchlist
(20min delay)
Last
$1.42
Change
0.015(1.07%)
Mkt cap ! $2.372B
Open High Low Value Volume
$1.43 $1.43 $1.39 $3.443M 2.427M

Buyers (Bids)

No. Vol. Price($)
4 22504 $1.42
 

Sellers (Offers)

Price($) Vol. No.
$1.42 5552 1
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
CRN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.