Obviously following the Aussie punters, more conservative than the Kiwis.
Don't forget this is a NZ Company listed only in Australia, with the majority
of holders in NZ but with two (?) large holders in Asia. Confusing to say the least.
However, the assets are good, the company is small but profitable, chances are
we will have a bigger place in the NZ coal market over time. Plus !! the mothballed
asset at Denniston. That's surely what the Asians are looking at.
Stick with it at these prices but decide when the reports come out
BRL Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held
