So just arrived at work this morning and our return to work meeting give me a lot of hope on the future price of coal. We are not ramping up as we have always done in the past, we are scaling back and hold product back from the market. We mine a third of all export from Australia. As a long term holder this was great news. I think coal miners have worked out that increasing production to reduce unit cost doesn’t work. Just some info from the coal face.
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$8.61 |
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
9 | 33063 | $8.60 |
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Price($) | Vol. | No. |
---|---|---|
$8.62 | 5000 | 2 |
View Market Depth
No. | Vol. | Price($) |
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1 | 10000 | 8.590 |
1 | 1000 | 8.580 |
2 | 3333 | 8.570 |
6 | 26076 | 8.550 |
2 | 5067 | 8.540 |
Price($) | Vol. | No. |
---|---|---|
8.640 | 2000 | 1 |
8.670 | 905 | 1 |
8.680 | 2903 | 1 |
8.690 | 97090 | 5 |
8.700 | 1612 | 4 |
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