Agree with this.
David25 might be concerned about black swan events, but the point with coal, is Russian coal is being frozen out of the market where possible. They are the 3rd largest exporter in the world, so essentially if they are frozen out, China will try to rebalance a touch, but not enough to cover Russian supply, so essentially global supply will decrease.
Even if there is a stock market crash, coal consumption would need to decline to cause declines in the price of thermal coal and I don't see it dropping anywhere near to that extent in the western world, so the statements around $40 coal is IMO nuts and pretty much tin hat stuff.
As my strategy has been all along, I sold out a small portion of my holding today (around 20%), in order to take my initial investment off the table (target for this has been hitting 50c so I did so today at 51.5c) but I still have high hopes over the remaining holding, to continue to push forward for both capital and future dividend returns.
- Forums
- ASX - By Stock
- TER
- suspicious cxxt trade. volume
suspicious cxxt trade. volume, page-24
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TER (ASX) to my watchlist
(20min delay)
|
|||||
Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $148.1M |
Open | High | Low | Value | Volume |
19.5¢ | 19.5¢ | 18.5¢ | $417.6K | 2.212M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
26 | 3726544 | 18.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.0¢ | 122667 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
24 | 3716544 | 0.185 |
42 | 1566973 | 0.180 |
15 | 472042 | 0.175 |
22 | 363580 | 0.170 |
4 | 270095 | 0.165 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 97795 | 3 |
0.195 | 241223 | 4 |
0.200 | 356417 | 6 |
0.205 | 240515 | 5 |
0.210 | 205315 | 7 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
Featured News
TER (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online