MCC 0.00% $16.01 macarthur coal limited

I was expecting the SP to dive on this news but seems to have...

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  1. 1,315 Posts.
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    I was expecting the SP to dive on this news but seems to have had opposite effect so i'm not sure what the impact will be.
    I guess the positive is that they can't be penalised for breach of contracts if they can't meet supply orders but on the negative is revenues will be down - or at least postponed
    Anyone have a more informed view?
 
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