The more i read around the place i can't help but pin the dire share price as an overall macro factor from the anti coal movement. Whether the structural change is knee jerk or permanently structural is where you'll makr your money, but there is considerable parties trying to divest from "immoral dirty" investments i.E. In coal. Norway is the most recent. But it highighlights the paranoia towards greener energy and renewables. If everyone is wrong then one day coals price recovery and unv will make for some rich investors who scoop up depressed shares currently...
Not sure where i sit on the fence but obviously the coal price trend is pointed downwards.... News for ncc permits would be great impetus...
Add to My Watchlist
What is My Watchlist?