Confidentally moving back towards ($1.54) with more interest on the LSE last week. CoAl have suffered from activists and others picking holes in agreements and weakening confidence in coal projects in South Africa.
However, coal is still king and prices remain high, even if priced in weak US dollars.
Stock should continue to recover and the move to buy Rio's assets shows CoAl are not going to be put off by anyone.
I think CZA are a good coal stock to hold for a recovery during 2011, even with the uncertainties.
Confidentally moving back towards ($1.54) with more interest on...
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $57.96M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100001 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 16248 | 2 |
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| Last trade - 16.12pm 26/07/2024 (20 minute delay) ? |
| MCM (ASX) Chart |
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