The problem now is management is just praying for Coal prices to go back to their ATH to help pay off its tax debt. Selling SA is a good idea to help ease up their balance sheet. Looking at the macro side, coal prices could probably start spiking back to ATH after the US election or if Trump wins the election. He's a die-hard coal supporter and this would be to our advantage. We could see this stock jump back to $1.50 range when that happens.
TER, page-381
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Last
16.0¢ |
Change
-0.005(3.03%) |
Mkt cap ! $128.1M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.0¢ | 16.0¢ | $260.4K | 1.586M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 1121122 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 165691 | 7 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| TER (ASX) Chart |