Have sold about 80% of my holding over the last 3 weeks (was almost tempted to buy back in with the SP fall on the overreaction to the full year results).
I still believe the coking coal market will improve but I’m a bit nervous about Coronado’s debt obligations to ride out this period.
Anyone have insights on what can happen with the SFA if debt doesn’t come down? I’m starting to wonder if another capital raising could be required?
Ann: Investor Presentation - 2020 Full Year Results, page-12
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$1.12 |
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Mkt cap ! $1.877B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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