So what I am conveying by these charts is that:
Thermal coal increasing due mainly to Northern Winter. NewC plus 20% is value of BBM thermal and provides safety net for BBM
Iron Ore rising despite Chinese attempts to manipulate market and volumes increasing.
Coking coal rising as required to smelt increasing volume of Iron Ore despite decreasing reserves of coking coal and lack of new production
So basically, Cokal management just needs to get act together with logistics as market is rosy!
All in My Opinion DYOR
So what I am conveying by these charts is that:Thermal coal...
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $113.2M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 398940 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 374096 | 2 |
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| Last trade - 08.05am 13/05/2024 (20 minute delay) ? |
| CKA (ASX) Chart |
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