the medium term structural setup for coming is better for net coal than thermal. short term however the market positioning was way off on WHC with sorters positioning incorrectly for a cap raise. thermal coal was hammered as well so coming off a 95th percentile bade. not so much coking. upside in both for sure but more confidence in CRN for a 12 month play.
I'm in both but WHC will be sold first for sure....
the medium term structural setup for coming is better for net...
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Last
88.5¢ |
Change
-0.035(3.80%) |
Mkt cap ! $1.483B | |||
| Open | High | Low | Value | Volume |
| 90.5¢ | 92.3¢ | 88.0¢ | $5.441M | 6.070M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 79899 | 88.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.5¢ | 4357 | 1 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| CRN (ASX) Chart |