AQC 0.00% 14.0¢ australian pacific coal limited

News: Anglo American to sell interest in Australian coal mine, page-53

  1. 214 Posts.
    At $0.06 and accounting for the convert dilution AQC would have a market cap of c.$340m.

    It is years away from production and likely a significant capex bill (if it can get all the approvals). Plus I seriously doubt the economics currently work (as previously mentioned, this is a punt on the thermal coal price recovering).

    WHC is currently in production with 15mt+, with high quality thermal and semi soft coal, proven end markets etc and it has a market cap of c.$430m (although does have c.$900m of net debt).

    I wouldn't be holding your breath for $0.06.

    BTW - the market/AQC owes nobody anything. Holding a stock because you think it owes you something is not a good strategy (you might get lucky, but there is absolutely no analytical reason that's for sure!!).
 
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Last
14.0¢
Change
0.000(0.00%)
Mkt cap ! $96.08M
Open High Low Value Volume
14.0¢ 15.0¢ 14.0¢ $401.7K 2.819M

Buyers (Bids)

No. Vol. Price($)
6 257150 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 69295 1
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Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
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