Very surprised with the large sell off today. The reported ban by China on Australian coal imports should be a good thing for CRN, as it will increase coal prices, the company has its strong US operations that are not impacted by the China moves, and in relation to the Australian product the CEO stated in the most recent quarterly report that "[t]he impact on Coronado from a volume perspective is likely to be minimal. Our Australian Operations do not have term volume contracts with Chinese counterparts and only sell into this market sporadically."
CRN chart, page-101
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Last
$1.35 |
Change
-0.038(2.71%) |
Mkt cap ! $2.267B | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.38 | $1.33 | $1.524M | 1.128M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 26570 | $1.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.35 | 29847 | 16 |
View Market Depth
| Last trade - 12.22pm 30/07/2024 (20 minute delay) ? |
| CRN (ASX) Chart |