HUN 0.00% $1.80 hunnu coal limited

Hi Guys,No call back.I put some punting money into HUN on the...

  1. JID
    3,568 Posts.
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    Hi Guys,

    No call back.

    I put some punting money into HUN on the basis that they would surprise to the upside on the coking coal.

    IMO thermal coal is a big yawn and there are truckloads of alternative plays closer to infrastructure or producing.

    At circa $250m in a landlocked country with a single country buyer (until they can access the seaborne market - many many years from now) HUN may well be priced for perfection and like WangChung I have moved on with my ST punting money looking for the next speculative play (vs. my long term holds).

    Cheers and good luck to all here
    John
 
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