Hi guys,
as London investors are explaining, there is no stock on the sell side.
They don't get their orders filled for hours.
Volume is not so high that there is a panic buy mode.
On ASX currently 70.000 shares on sell side until 1.59 AUD!!!
Imagine, when good news run to market, what will happen to the share price with this absolutely silly valued company!
Current overview:
PDZ has a $3.3bn NPV.
85% coking coal imported into Europe from Australia, China, US....
Steel giant Mittal complained to Polish PM of the shocking supply from Europe about cocking coal.
EU confirms coking coal as critical raw material.
JSW mines near Debiensko mine life reaching end.
JSW raising $400-500m within the next weeks.
JSW seems to participate on Debiensko.
Management team Ben Stoikovich and Ian Middleman who has in past sold companies for billions.
PDZ Price at posting:
77.0¢ Sentiment: Buy Disclosure: Held