You are missing the drop in coal prices. Currently down by US$30-40 per ton from last year which is about 80% of their margin + mining costs going up about A$10 a ton will put a squeeze on profits until prices rise.
What the heck is going on?, page-8
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Last
$3.46 |
Change
0.130(3.90%) |
Mkt cap ! $3.118B | |||
| Open | High | Low | Value | Volume |
| $3.36 | $3.47 | $3.35 | $10.11M | 2.973M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8721 | $3.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.46 | 3559 | 1 |
View Market Depth
| Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
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Last
$3.45 |
Change
0.130 ( 2.99 %) |
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| Open | High | Low | Volume | ||
| $3.36 | $3.47 | $3.36 | 2055798 | ||
| Last updated 15.59pm 04/06/2024 ? | |||||
| SMR (ASX) Chart |