GCL 0.00% $3.54 gloucester coal ltd

maybe a buy, page-3

  1. 15,810 Posts.
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    re: maybe a buy? I've been tempted also .. but ... the sentiment has changed for the coal sector. Once the star sector it now has a question mark over future growth. GCL currently has a P/E of 14 .. in the mid-range of its peers....so at $4 a few month s ago the valuation was stretched! If...GCL bounces of the recent spike low of $2.65 I will buy some.

    H
 
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Currently unlisted public company.

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