MCC 0.00% $16.01 macarthur coal limited

price move, page-7

  1. 5,583 Posts.
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    The announcement yesterday read well to me, was a little surprised that it dropped 20-30c on the re-open. The floods and the effect on the bottom line are a temporary thing. Just wish the COK holders could show the same resilience, but that seems to be selling off.

    The stock has also crossed a key resistance level with multiple big bids coming online to push it through... hence the spike in the afternoon today.



 
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