I heard the price of coal has gone up and orders for coal are catching up and more on the way because of the big demand in io.Besides Japan, orders are coming in from Korea and China.CEY must have benefited from all this. The SP of MCC has gone up sharply after the rights issue.CEY does not need to raise new capital having paid $1.88 in a special dividends to their shareholders. If anything, there is a chance that dividends pay out this year would be good.CEY's share price has not quite catched up yet compared with its peers.
CEY Price at posting:
$2.53 Sentiment: Buy Disclosure: Held