While CoAL waits for WUL for Makhado..now this..

6 Apr

Coal of Africa(CoAL) Limited was downgraded to “hold” at Investec (CZA)
April 3rd, 2013 – writes Jeff Wilder
Coal of Africa Limited(CoAL) (LON: CZA) was downgraded by analysts at Investec to a “hold” rating in a research report issued to clients and investors on Wednesday, StockRatingsNetwork reports. They currently have a $0.24 (16 GBX) price target on the stock, down from their previous price target of $0.56 (37 GBX).
Shares of Coal of Africa Limited (LON: CZA) opened at 14.6875 on Wednesday. Coal of Africa Limited has a one year low of GBX 10.263 and a one year high of GBX 63.721. The stock’s 50-day moving average is currently GBX 16.83.

CoAL’s share price in South Africa fell to R1,90 on Friday, 4 April

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