You ask yourself what's with the ANZ Bank----this is largely a debt free company, its expansion plan is funded, its costs are coming way down, the longer term outlook for its product is promising.
I mean coal is Australia's 2nd biggest export---please don't tell me this is an " anti-coal " decision by ANZ.
The coal produced is not even thermal coal.
These jobs are desperately needed in Queensland.
Unbelievable.
COK Price at posting:
0.1¢ Sentiment: Buy Disclosure: Held