I don't know about shit results. Maybe average results. They aren't selling their coal at $400USD a tonne like they were last year and trading at PEs of 2-3. But they are selling it at $200USD a tonne, and they have no debt, and they're probably trading on PEs of about 3-4. Still pretty cheap in this high inflationary, high interest rate period. The results won't be as good as last year, but they'll still be better than they were in previous years.
How the market reacts to that is anyone's guess.
TER UNDERVALUED FAIR VALUE $1.20, page-428
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Last
22.5¢ |
Change
0.005(2.27%) |
Mkt cap ! $180.2M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 23.5¢ | 22.0¢ | $565.4K | 2.466M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 618979 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 423785 | 5 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| TER (ASX) Chart |