buy out when JAL comes down to 4c imo. Like Iron ore, the coking coal retrace to ~200 will send coalers spiralling below value, board will be waiting to scoop up JAL on the cheap.
The prospect of a guidance downgrade will weigh on BRL though, the first guidance upgrade i loved, but i standby that the september upgrade was way too hasty.
Coking Coal Prices, page-6
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Last
73.0¢ |
Change
0.005(0.69%) |
Mkt cap ! $139.6M | |||
| Open | High | Low | Value | Volume |
| 73.0¢ | 73.0¢ | 73.0¢ | $1.064K | 1.457K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 13009 | 69.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 73.0¢ | 22722 | 1 |
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| Last trade - 10.00am 05/11/2024 (20 minute delay) ? |
| BRL (ASX) Chart |