AHQ
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0.00% 1.3¢ allegiance coal limited

Ann: Secured Convertible Note Raises A$42.9 million, page-24

  1. Protagonist
    6,955 Posts.
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    26/05/22
    11:26
    Post #: 61633152
    I agree coking coal prices are likely to remain elevated vis historical prices for the medium term, but wouldn't be surprised if we now enter a period of seasonal weakness. June is typically when the China restocking season ends (might be delayed by several weeks as China steel mills ramp up again following COVID lock downs) AHQ is more insulated from this than most other ASX coal stocks though
    AHQ Price at posting: 55.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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