Coal producer Trada Alam Minera (TRAM) declined further by 1.72% to Rp57 last Friday (Nov 15) to maket a market capitalization of Rp2.83 trillion. This morning, the stock declined further by 3.51% to Rp55. The stock crashed by more than 50% in the past three weeks due to poor financials and persistent low price of thermal coal in international market. Bear in mind that TRAM was a company with market capitalization of Rp20.15 trillion in April 2018. To subscribe please click here