In the end it may come down to the market seeing cash in the bank for BRL.
History is patchy to say the least on delivery. But the current position on coking coal prices and the (hopeful) hedging of forward prices as highlighted by Xman has the potential for significant upside.
I've topped up since the Supreme Court decision and am at my maximum comfortable exposure so will hold long term.
I think now is a good time to buy with litigation out of the way and operational delivery in the spotlight.
Ann: June 2021 results announcement, page-12
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Last
81.0¢ |
Change
-0.005(0.61%) |
Mkt cap ! $155.0M | |||
| Open | High | Low | Value | Volume |
| 80.0¢ | 81.5¢ | 79.0¢ | $22.60K | 28.12K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12578 | 79.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 82.0¢ | 177555 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| BRL (ASX) Chart |