Looks pretty clear to me, people should be getting the FOOOOOK out.
Don’t expect any great returns from the coal market, it’s just trudging along like a lazy pig, no big demand bumps anywhere over the short to medium term. I think this down cycle could be easily 10-20 years. Those that are old enough, think back to what bulk commodity markets were like before the China boom. They were boring, steady, cheap commodities with little change year-to-year. People made money by buying into miners with tier-1 low cash cost assets or by anticipating the next commodity to have a boom in demand.
India has too many structural issues to ever exhibit the same demand growth numbers as China over the past 2 decades. Game over my friends
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Looks pretty clear to me, people should be getting the FOOOOOK...
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Last
22.5¢ |
Change
0.025(12.5%) |
Mkt cap ! $180.2M |
Open | High | Low | Value | Volume |
20.0¢ | 22.5¢ | 20.0¢ | $1.404M | 6.546M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 62818 | 21.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.0¢ | 615557 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 62818 | 0.210 |
2 | 58000 | 0.205 |
12 | 581112 | 0.200 |
6 | 270847 | 0.195 |
10 | 315567 | 0.190 |
Price($) | Vol. | No. |
---|---|---|
0.230 | 615557 | 11 |
0.235 | 1268775 | 6 |
0.240 | 97087 | 5 |
0.245 | 249745 | 4 |
0.250 | 251000 | 2 |
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