at $3.50 it's a PE of 12.
8 years to get back ones capital
(simplistic thinking I know)
coal should very much still be in the mix for those countries with heavy industries. Heavy industry will still need coal for many many years.
8 years should be safe.
Hence why I will look at roping up again around $3.50
There is uncertainty with this stock, balanced against a good business model.
Hence I have a position (acquired at around current prices) but I am not chasing the stock.
Happily watching
The future of AZJ, page-13
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Last
$3.32 |
Change
0.010(0.30%) |
Mkt cap ! $6.111B | |||
| Open | High | Low | Value | Volume |
| $3.33 | $3.34 | $3.30 | $19.82M | 5.986M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 79905 | $3.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.32 | 535 | 1 |
View Market Depth
| Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
| AZJ (ASX) Chart |