Agree with comments above, coking coal prices are at ridiculous highs and the next few quarters should see some outstanding financial results and a lift in the share price. I am a little less optimistic about the Dec quarters results as per the Sept report 173kt of sales had already been hedged at an effective average price $223/t NZD. This could mean December Quarterly is only very good not outstanding.
We will find out the Dec EBITDA result in the next few days and hopefully there will be a guidance update included with the report, If there is no guidance update in the quarterly I would expect one when the half year financials are released in late Feb.
Agree with comments above, coking coal prices are at ridiculous...
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Last
81.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $155.0M | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 82.0¢ | 80.0¢ | $6.308K | 7.881K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4909 | 80.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 81.0¢ | 217 | 1 |
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| Last trade - 15.37pm 14/06/2024 (20 minute delay) ? |
| BRL (ASX) Chart |