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Online Share Trading

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Steady decline

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Vish_1
Contributor
Can anybody shed some light on the steady decline of Wescoal's share price over the last 3 months??
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3 REPLIES 3
markeyMark
Contributor
Not really following the share - But what happens with allot of these small-caps is people losing interest between results. So they run in about 6 month cycles with smallish spikes on cautionary announcements (depending on how exiting) and (when interest returns to the stock) then larger spikes on Trading updates if positive or more downside if negative. Not set in stone, but might be the case if there is not something else wrong with the company.
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cheapcheap
Regular Contributor
I see a lot of the coal miners are down...exxaro etc..I heard a portfolio manager the other day say he would not invest in coal??? didn't hear the rest of the interview.
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Harathke
Regular Contributor
Punters who thought they were going to be bought-out are bailing into a low liquidity stock. Largely irrelevant price move, imo, as ops are streaming and ahead and trading update likely out in a month or two's time.
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