That's really interesting thanks!
At face value the graph is scary. Though relative valuation doesn't always tell the whole story.
Hopefully you'll indulge a couple of questions:
1. Is that Market Cap per Tonne of current production or Tonne of Proven and Probable reserves?
2. Do you think that the differences would be evened out if you looked at thermal and coking coal separately?
flx stats, page-7
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Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.76M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 17.0¢ | $4.395K | 25.85K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30280 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 1885 | 2 |
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| Last trade - 14.52pm 28/06/2024 (20 minute delay) ? |
| FLX (ASX) Chart |