Take over Target. Or change the leadership

TerraCom Limited (ASX: TER)(1) Share Price PerformanceListed coal companies, both coking and thermal, have had a structural price decline due tocommodity price decline compared to the indexes.Notwithstanding this, TerraCom has underperformed compared to its peers.(i) TerraCom’s peers have had a lesser decline, reasons beinga) (b) (c) (d) (e) New Hope. New Acland extension approved and operations recommenced.Yancoal. increased shares free float which resulted in being admitted into the ASX200.Whitehaven. Acquisition of Blackwater and Daunia from BMA.Stanmore. Acquisition of BMC assets.AQC. Funding secured for restart of Dartbrook.(ii) TerraCom has been removed from ASX300 and All Ordinaries indexes. This would morethen likely result in the ETF’s selling their positions to remain compliant with theirallocations in the relevant index they invest against.Note, the share price of TerraCom has increased from $0.058 on 23 May 2025 to $0.07 on 28 May2025.