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
at $3.50 it's a PE of 12.8 years to get back ones...
Add AZJ (ASX) to my watchlist
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Last
$3.51 |
Change
0.010(0.29%) |
Mkt cap ! $6.460B | |||
| Open | High | Low | Value | Volume |
| $3.51 | $3.54 | $3.48 | $16.26M | 4.636M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 64073 | $3.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.52 | 117085 | 3 |
View Market Depth
| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| AZJ (ASX) Chart |