"coal bugs" who gather here to discuss the pros and cons of Peabody Energy and its investment merits.
The General is an admitted "newbie" to following this industry, albeit the name "Peabody Coal Co." is one he's known for a very long time.
One question he'll throw out to initiate this thread is, is there a hyperlink to a site that provides either cash and/or futures prices on 'coal' as a commodity?
Through the week ending 8/17/01, BTU's cummulative 62-day ADV is 611,482 shares per day.
If BTU's volume for the first 4 trading sessions of its debut week, the week ending 5/25/01, is excluded, its cummulative 58-day ADV is 401,464 shares per day.
BTU's ADV for the week ending 8/17/01 is 373,100 shares per day.
BTU will have achieved its 3-month (65-day) cummulative ADV during this coming week and by the end of this week, Y!-F should be reporting it on BTU's Detail Quote page as well as on its Profile page.
Through the week ending 8/10/01, BTU's cummulative 57-day ADV is 632,393 shares per day.
If BTU's volume for the first 4 trading sessions of its debut week, the week ending 5/25/01, is excluded, its cummulative 53-day ADV is 404,140 shares per day.
BTU's ADV for the week ending 8/10/01 is 213,100 shares per day.
Through the week ending 8/03/01, BTU's cummulative 52-day ADV is 672,710 shares per day.
If BTU's volume for the first 4 trading sessions of its debut week, the week ending 5/25/01, is excluded, its cummulative 48-day ADV is 424,040 shares per day.
BTU's ADV for the week ending 8/03/01 is 248,900 shares per day.
Through the week ending 7/27/01, BTU's cummulative 47-day ADV was 717,796 sharews.
If BTU's volume for its first 4 trading sessions for the week ending 5/25/01 are excluded (that was its IPO's debut week), its 43-day cummulative ADV is 444,405 shares.
BTU's ADV for the week ending 7/27/01 is 237,640 shares.
I am not aware of any online/free service that provides this information. We pay upwards of $600 per year for the subscription to Coal Daily. They gather from industry sources and track coal solicitations, both long term and on the spot market. It's not always 'public' what the companies pay, unless it's a public utility that is required to disclose. Many private purchasers and coal brokers who purchase coal in the spot market are not required to publish contract prices.
There is a program in place to start futures trading for NYMEX spec coal. This effort is being promoted almost weekly in the Coal Daily publication. I'll scan a few back issues to see what status they show the futures effort.
Since BTU has racked up only 24 trading sessions (through Monday, 6/25/01's session) since its 5/22/01 IPO debut, we've got a little less than 2 more months to wait before this Yahoo! Finance (Y!-F) site will be reporting a 3-month ADV on either the Detail Quote or Profile pages.
For those interested in an ADV 'benchmark' thus far, including BTU's debut day's 11,279,800 shares traded, its 24-day ADV is 1,093,354.
On a weekly basis, BTU's lowest ADV thus far has been for the trading week ending 6/15/01, when its ADV was 331,640 shares traded.