AKM 10.3% 32.0¢ aspire mining limited

Hi JceeMarket conditions are the major problem look at any coal...

  1. 1,045 Posts.
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    Hi Jcee

    Market conditions are the major problem look at any coal stock either spec or producing and you will see most have detieriated substantially from their highs. Also the stock has come under some selling presure, could be because of the large capital gains the stock has made in the last finacial year.

    The weak markets have also kept buyers away from helping support the share price. Orders like those at 56c are causing problems with movement in the share price as well as market conditions. Once conditions improve in the market i beleive this stock will bounce back to where it rightfully should be as a leader in the coking coal sector on the ASX. GL to all holders

    GB
 
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