I think a higher price will come once NEC starts negotiating new off-take agreements.
Predators prefer their victims to be free of any encumbrance for two reasons:
. they need the assets for their own customers,
. they do not wish to be committed to customers outside their bases; for economy of scale and other strategic reasons.
The target for me is $2.50, but will settle for $2.20. The approaching winter in the Northern Hemisphere may put extra pressure on coal prices and that could bring in other suitors.
I think a higher price will come once NEC starts negotiating new...
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Last
$1.26 |
Change
-0.010(0.79%) |
Mkt cap ! $1.958B | |||
| Open | High | Low | Value | Volume |
| $1.28 | $1.28 | $1.26 | $2.737M | 2.167M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 40829 | $1.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.26 | 66186 | 12 |
View Market Depth
| Last trade - 16.10pm 03/12/2024 (20 minute delay) ? |
| NEC (ASX) Chart |
