Just pulling up a few hot copper 6 month price charts tonight, we see that:
Carabella is down from around $1.16 to 40c.....a drop of around 65 percent.
Cockatoo Coal is down from around 38c to 12c.....a drop of around 68 percent.
Endocoal is down from around 45c to 20c....a drop of around 55 percent.
Of the South African coal stocks I follow:
Resource Generation is down from around 40c to 32.5c.....a drop of around 18 percent
Universal Coal is down from around 23c to 12c.....a drop of around 47 percent.
ZYL is down from around 23c to 9c.....a drop of around 60 percent.
My point.....whilst the current share price is disappointing, is isn't out of line with the share price performance of it's peers.
Just pulling up a few hot copper 6 month price charts tonight,...
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