oilyprata

Is Geo Undervalued or Unable to Benefit?

SGX:RE4   GEO ENERGY RES
I noticed Geo Energy, an Indonesia Coal Producer used to follow the USOIL trend quite well (in blue). But in recent times, it hasn't. I expect the price of coal to sitll follow crude oil. Is this because Geo Energy is no longer able to capitalise on the recent oil price rise? Or is Geo Energy Undervalued?
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