Could be a bumpy ride JC given the tiny volumes. Only about 3m shares traded over the last 3 months with just under 200m on issue. At least that says that the initial IPO subscribers are holding tight, with an obvious exception of one or two.
So any buying over the last week or so is early entry, IMO, but just 1 or 2 big volume days for whatever reason could bring the crowds along for a ride.
Can the sentiment for thermal coal get much worse? I'm thinking probably not, as long as the US keeps on their inflationary path.
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