Coal futures is the issue. And thermal. Met coal is a little more stable.
Go figure. One thing that irks me most about trading. We are a met coal company but we will get whacked with the thermal coal companies.
Much money shifted several Months ago back into Gold once the price broke out of the downtrend.
If you trade relatively short term then that's what you have to work off. If you are interested in trading long term it's not worth worrying about.
Unfortunately we got screwed over by the Qld government - no two ways about it. Without that we would be pushing 50c/60c if not more.
Coal will get whacked and money will leave the sector, so it's a case of staying or going.
Met coal looks good, and our output in coming years looks incredible. So you just have to ride the waves.
Coal futures is the issue. And thermal. Met coal is a little...
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Last
4.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $142.2M | |||
| Open | High | Low | Value | Volume |
| 5.1¢ | 5.1¢ | 4.9¢ | $26.75K | 527.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 835173 | 4.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.0¢ | 186782 | 5 |
View Market Depth
| Last trade - 10.47am 30/04/2024 (20 minute delay) ? |
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Last
5.0¢ |
Change
0.000 ( 4.17 %) |
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| Open | High | Low | Volume | ||
| 4.9¢ | 5.0¢ | 4.9¢ | 115338 | ||
| Last updated 11.16am 30/04/2024 ? | |||||
| BCB (ASX) Chart |