MCM 238% 12.5¢ mc mining limited

i just wanted to see if anyone had an opinion as to why it was...

  1. 1,705 Posts.
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    i just wanted to see if anyone had an opinion as to why it was risign in line with other coal companies.

    i am looking at the continual climb of MCC, RIV, FLX, GCL, WHC, SRL, CEY, etc, etc.
    you know, just the majority of Australian listed coal companies.

    cant really see why CZA should not have risen in line with these other companies. it has underperformed by a reasonable margin. maybe thats an opportunity.

    i am not in this to day trade it. I want my long term $5 thanks very much, but I would have thought the recent buy in by Arcelor would have promted a much larger rally back up.

    i see they are up 7% in London last night. maybe they will break the current holding pattern.
 
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Last
12.5¢
Change
0.088(238%)
Mkt cap ! $51.75M
Open High Low Value Volume
6.0¢ 17.0¢ 6.0¢ $660.0K 5.882M

Buyers (Bids)

No. Vol. Price($)
1 10000 12.0¢
 

Sellers (Offers)

Price($) Vol. No.
12.5¢ 6155 1
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Last trade - 16.10pm 29/08/2024 (20 minute delay) ?
MCM (ASX) Chart
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