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10,843 Posts.
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15/01/11
00:33
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Canescot: A stock market has different coalies listed on it.
Do determine price and value a reference point is used.
This is one such reference point.
Make of it as you please.
I can tell you that 3$/ tonne is about the takeover price for a producer all set up ready to go.
That is from many reports into the coal sector.
Over time analysis of these things forms an opinion on whether a stock is under/over valued.
Do I make sense?
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