Most coal stocks have had a good run of late. AUO has not really moved higher as the rest of them.
Like you maybe investors are starting to look 6-12 mths ahead and like what they see.
Lets hope the company can deliver otherwise it will get hammered severely.
Like you I think $1 plus is more reasonable. Coal demand worldwide seems to be quite strong still.
The lower $A will also help.
AUO
austral coal limited
Most coal stocks have had a good run of late. AUO has not really...
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