Did S32 make a mistake divesting their Thermal Coal assets?

  1. 1,469 Posts.
    lightbulb Created with Sketch. 353
    Curious as to what people think given the high-desirability of thermal coal as a resource in the short/mid term.

    Do you think S32 shot themselves in the foot ditching their thermal coal assets in the name of "ESG/electrification" focus (disregarding the obvious hindsight of thermal coal prices rocketing in the short term recently)?

    Seems like it would have provided more diversification against an economic downturn?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$2.59
Change
0.050(1.97%)
Mkt cap ! $11.66B
Open High Low Value Volume
$2.59 $2.63 $2.56 $50.64M 19.48M

Buyers (Bids)

No. Vol. Price($)
10 122685 $2.59
 

Sellers (Offers)

Price($) Vol. No.
$2.60 5726 4
View Market Depth
Last trade - 16.16pm 12/09/2025 (20 minute delay) ?
S32 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.