Could be a number of reasons....my reckoning is general market woes and some holders minimizing risks, buyers holding off (note that the sell down has not been a large volume). I'm topping up in the low 2's, especially now that REY (another Canning Basin coal explorer, with a defined resource) is now extending their resource with furterh drilling results. (yes, shameless plug!...but totally relevant)
Could be a number of reasons....my reckoning is general market...
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