For anyone who might be worrying about the recent price falls in Coking Coal
Remember that the 20% sell down will most likely be used to retire most (if not all) of the $US 1.1bn credit facility. This means that the vendor finance payments (first $500m) is all that is left to pay, the first payment is not due till a year away.
I would bet that the 20% sell down was forecast to alleviate any decreases in met pricing.
if there was no sell down occurring, I might be more inclined to panic. I’ll sit tight and buy a few more shares in the meantime!
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Last
$8.06 |
Change
0.210(2.68%) |
Mkt cap ! $6.743B |
Open | High | Low | Value | Volume |
$7.98 | $8.06 | $7.94 | $29.97M | 3.735M |
Buyers (Bids)
No. | Vol. | Price($) |
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6 | 83044 | $8.05 |
Sellers (Offers)
Price($) | Vol. | No. |
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$8.06 | 13939 | 5 |
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No. | Vol. | Price($) |
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4 | 67966 | 8.050 |
1 | 64368 | 8.040 |
3 | 5344 | 8.030 |
2 | 11957 | 8.020 |
2 | 52300 | 8.010 |
Price($) | Vol. | No. |
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8.060 | 3500 | 2 |
8.070 | 105156 | 9 |
8.080 | 88686 | 10 |
8.090 | 108950 | 12 |
8.100 | 43146 | 10 |
Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
$8.03 |
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Change
0.210 ( 2.62 %) |
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Open | High | Low | Volume | ||
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Last updated 15.59pm 31/05/2024 ? |
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