diddycat honestly, one can hypothesis on this, but one can't know for sure.
Asia is increasing its coal generation plants, Asia is also less likely to adopt Western countries woke objective of sacrificing the the stability of electricity sourced from at part coal.
So coal could still have a market.
More importantly the coal business assets are being priced by the market that they will all be out of existence in the next decade or so.
So effectively if one has an exposure to coal, then their investment return will be covered by the current market pricing, and if coal still exists this will be a free option.!!
The future of AZJ, page-301
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$3.60 |
Change
0.020(0.56%) |
Mkt cap ! $6.626B | |||
| Open | High | Low | Value | Volume |
| $3.61 | $3.65 | $3.58 | $21.56M | 5.966M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 115519 | $3.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.61 | 35978 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| AZJ (ASX) Chart |