AZJ 0.29% $3.51 aurizon holdings limited

I have been watching this for months and was adamant about my...

  1. 47 Posts.
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    I have been watching this for months and was adamant about my buy price at 3.76. It came to that price in Sep for a fraction of a minute, I think and I went greedy and down my price to $3.56. Slight regret but still haven't caved in for more than $3.76. The price always dwindles around $3.90 and goes back up. About your concern, China is an issue in general for all coal, esp. thermal coal. AZJ have contracts for met coal with CRN, which has a large non-China market, like, India, Japan, S.Korea, etc, (Met coal has also gone under the radar as far as environmental issues are concerned) My concern has been (although initially, I brushed aside) their contract with Adani where the other providers have shied away. Other than that Aurizon is unique which is an advantage and I quite like the possibility of their diversification although at the moment they are not looking into anything but transporting coal. I really wish @noomxx is right and at least it falls momentarily for me to catch
 
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