CKA 2.60% 7.5¢ cokal limited

Indonesia bans coal exports in January over domestic supply worries, page-10

  1. 2,206 Posts.
    lightbulb Created with Sketch. 490
    Hey Jo Jo, Happy new year and all that. A couple of other posts have commented. The ban is on all coals but is really intended to provide security of supply to domestic power stations when stocks reach critical levels. I believe this has been done before and is a short lived action designed to kick coal miners up the arse to remember to keep supply up to the lower priced domestic requirements. If it is extended for any duration I believe coking coal will get relief as it is not targeted at this product. Any short term fear in the global market of losing Indo supply is a good thing if you have other coal interests. Suspect it will blow over and normal transmission will resume.
 
watchlist Created with Sketch. Add CKA (ASX) to my watchlist
(20min delay)
Last
7.5¢
Change
-0.002(2.60%)
Mkt cap ! $80.92M
Open High Low Value Volume
7.5¢ 7.5¢ 7.2¢ $28.71K 391.0K

Buyers (Bids)

No. Vol. Price($)
1 250000 7.1¢
 

Sellers (Offers)

Price($) Vol. No.
7.5¢ 393284 2
View Market Depth
Last trade - 16.10pm 09/09/2024 (20 minute delay) ?
CKA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.