CRN coronado global resources inc.

do not understand your logic.first you state , keeping CASH...

  1. 251 Posts.
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    do not understand your logic.

    first you state , keeping CASH makes no sense with current interest rate. valid point , however , I would rather have idle cash vs debt or bad investment.

    second , you state no-one has cash at the bottom of a cycle when investments are cheap.....


    Well you would have cash for bottom of cycle if you did not buy investments at top.

    If CRN approaches another bottom of cycle , with no cash and plenty of debt and a repeat of lower coal prices due to sluggish demand ...well someone will take CRN cheap.

    In times of HAY , SAVE and play down debt , reward shareholders and with surplus buy back shares. CRN is still cheap given current coal prices.
    CRN should buy CRN vs anything else. Strenghthen the balance sheet , make it a powerhouse for next downturn.

 
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(20min delay)
Last
15.5¢
Change
-0.010(6.06%)
Mkt cap ! $259.8M
Open High Low Value Volume
16.5¢ 16.5¢ 15.0¢ $980.8K 6.218M

Buyers (Bids)

No. Vol. Price($)
15 1075928 15.5¢
 

Sellers (Offers)

Price($) Vol. No.
16.0¢ 1157038 5
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Last trade - 16.10pm 07/07/2025 (20 minute delay) ?
CRN (ASX) Chart
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