The key is that WHC is in the bottom quartile of production cost. So crudely 75% of producers will be losing money before WHC moves into RED.
So in reality this is highly unlikely as the Top Quartile goes broke and supply crashes, then second quartile crashes and disastrous supply crash occurs.
Ann: Presentation - External Thermal Coal Price Forecasts, page-30
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Last
$8.02 |
Change
0.020(0.25%) |
Mkt cap ! $6.709B | |||
| Open | High | Low | Value | Volume |
| $7.97 | $8.08 | $7.95 | $36.12M | 4.503M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 39112 | $8.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.03 | 2000 | 1 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
$8.04 |
Change
0.020 ( 0.85 %) |
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| Open | High | Low | Volume | ||
| $7.97 | $8.08 | $7.96 | 1086095 | ||
| Last updated 15.59pm 29/05/2024 ? | |||||
| WHC (ASX) Chart |