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.
Profit taking before the coal price retreats back to $90...
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Last
23.5¢ |
Change
-0.005(2.08%) |
Mkt cap ! $188.2M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.5¢ | 23.5¢ | $285.0K | 1.190M |
Buyers (Bids)
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Sellers (Offers)
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| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
23.8¢ |
Change
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| Last updated 15.59pm 10/05/2024 ? | |||||
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