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
20.0¢ |
Change
-0.010(4.76%) |
Mkt cap ! $160.1M |
Open | High | Low | Value | Volume |
21.0¢ | 21.3¢ | 20.0¢ | $355.9K | 1.740M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
39 | 4006689 | 20.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
20.5¢ | 190746 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
39 | 4006689 | 0.200 |
7 | 469907 | 0.195 |
11 | 384082 | 0.190 |
8 | 174233 | 0.185 |
9 | 417892 | 0.180 |
Price($) | Vol. | No. |
---|---|---|
0.205 | 190746 | 9 |
0.210 | 91359 | 2 |
0.215 | 193753 | 3 |
0.220 | 755682 | 9 |
0.225 | 303196 | 9 |
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