Its Over, page-11680

I am not at all interested in coal stocks even though short term it has done well in the interim.

3 years ago Aurizon could fetch an enterprise value of 10x its EBITDA now just 7x because of ESG investing and a higher risk premium attached to coal stocks.

It’s almost like a decision to buy petrol vehicles in Europe when it would be phased out for EV, and second hand petrol cars would be more expensive to maintain and worth less over the coming decade as EV gets the lion share of the market.

Like buying GameStop , sure it did well for awhile but you know it’s not going anywhere but decline and struggle to stay relevant .