Profit taking before the coal price retreats back to $90 ton.
Coal will likely fall back to $60 ton
The same thing happened before
2018 coal $100
2019 coal $63
A market shock with high commodity prices results in the price falling off a cliff. This is true with all commodities.
If the debt is not paid before the correction the company could lose everything.
I hold this company as a gamble as I do with many small caps.
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Mkt cap ! $160.1M |
Open | High | Low | Value | Volume |
20.5¢ | 20.5¢ | 20.0¢ | $69.57K | 345.9K |
Buyers (Bids)
No. | Vol. | Price($) |
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9 | 380648 | 20.0¢ |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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9 | 380648 | 0.200 |
6 | 145978 | 0.195 |
3 | 33138 | 0.190 |
1 | 80000 | 0.185 |
9 | 446949 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.205 | 117690 | 2 |
0.210 | 266680 | 9 |
0.215 | 327655 | 5 |
0.220 | 19760 | 3 |
0.225 | 394731 | 5 |
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