InvestorsHub Logo
Followers 117
Posts 10302
Boards Moderated 1
Alias Born 09/21/2016

Re: Ponch73 post# 849

Tuesday, 05/15/2018 10:56:29 PM

Tuesday, May 15, 2018 10:56:29 PM

Post# of 1138
Now I am really kicking myself for not paying attention. This is simple math:


...and...:

"However, the robust outcome in March went only some way to reversing the weaker trend so far this year. Imports for the first quarter as a whole totalled 12.05 million tonnes, a drop of 28 percent on the same period last year. "
ref: https://www.reuters.com/article/column-russell-coal-coking/column-chinas-coking-coal-imports-are-starting-to-rebound-russell-idUSL3N1S32KK


As such, MMC outperformed(up for debate) the short term. If Chinese imports were down 28% from previous....and MMC's "sales" were down 19% from previous..............then the Company was on par or better given the market. How the hell didn't I see that earlier?????
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent MOGLF News