I'm just totally confused how this cap would even work.they say,...

  1. 1,039 Posts.
    lightbulb Created with Sketch. 190
    I'm just totally confused how this cap would even work.
    they say, ok, we are capping domestic sales of coal.
    suddenly, no companies will want to sell coal domestically, and they will go looking for offshore buyers.. which will cause the cost of coal and power generation in this country to skyrocket!?
    or, they come out and say, ok we are capping all coal sales out of this country.. how does that even work into an international market?
    China would fall over laughing at us if we said to them.. Hey you can have your coal at half price from now on!
    if anyone can outline a scenario where either of these ideas could work i would love to hear it.
    The whole thing sounds like the dumbest idea ever.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
8.2¢
Change
-0.004(4.65%)
Mkt cap ! $65.67M
Open High Low Value Volume
8.4¢ 8.6¢ 8.0¢ $125.2K 1.509M

Buyers (Bids)

No. Vol. Price($)
1 76497 8.2¢
 

Sellers (Offers)

Price($) Vol. No.
8.3¢ 74009 1
View Market Depth
Last trade - 16.10pm 04/07/2025 (20 minute delay) ?
TER (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.