Honestly, the price can stay at 0.25 indefinitely for all I care. As long as they keep mining more and more, ensure that the company is solvent, maintain and acquire more coal reserves and the demand in Asia for coal (from Indonesia, india, and China especially) remains strong. With >600m of cash to unlock in a 220m company, once the cash is distributed to shareholders, there is no way you can't benefit. Of course unless you sold off early
Reply to @fanoflynch : For investing seems quite a good price . The rev , eps , Roe , net income margin are increasing. Forward PE is about 5x.. Yield 3.6%.. Price may fluctuate base on coal price etc
Thank you for sharing. I like how the 1st and last para of the page article put it.
Honestly, the price can stay at 0.25 indefinitely for all I care. As long as they keep mining more and more, ensure that the company is solvent, maintain and acquire more coal reserves and the demand in Asia for coal (from Indonesia, india, and China especially) remains strong. With >600m of cash to unlock in a 220m company, once the cash is distributed to shareholders, there is no way you can't benefit. Of course unless you sold off early
Reply to @Sureshkumar : You lucky man. Hahaha!
Geo Energy chart patterns looks like trap in a consolidated zone. Not a good time to trade.
Reply to @fanoflynch : For investing seems quite a good price . The rev , eps , Roe , net income margin are increasing. Forward PE is about 5x.. Yield 3.6%.. Price may fluctuate base on coal price etc