Yes long term thermal coal prices are going to stay down. So TER will struggle to go much higher without clarity around their strategy. Div is going to be critical however without all financial elements resolved it could take years. Problem with TER is that they have never made Mongolia profitable. All the chat but zero real benefit has come from it.
I have lost most of my faith in this stock and coal on general. Will hold for a little longer but it’s simply frustrating to see no really positive news.
SMR today, page-12
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Last
22.0¢ |
Change
0.010(4.76%) |
Mkt cap ! $176.2M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 22.0¢ | 21.0¢ | $115.6K | 535.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 22688 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 667513 | 12 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| TER (ASX) Chart |