recent listing on the exchange, floated at a premium of approx 150% to issue price.
Since then its taken a bit fo a dive with the market and being a fairly illiquid stock its been hit hard.
Done some very initial research and its trading on a 31 december forward P/E multiple of 8 times, which seems outrageously low for a coking coal producer in the current market.
just wanted to know some initial or even fleeting thoughts on this one...
