Shares of Peabody Energy Ltd, the world’s largest coal producer in the private sector, collapsed 22.6% to its all time low in New York Wednesday (July 1st). At the current price, Peabody Energy has market capitalisation of US$472 million, significantly smaller than Indonesia’s Bukit Asam (PTBA). At its peak seven years ago, Peabody had market capitalisation of US$24 billion.To subscribe please click here