WHC 0.00% $7.70 whitehaven coal limited

Outlook for Coal in Asia, page-21

  1. 2,800 Posts.
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    Terrible fundamentals for coal companies, very low US coal prices and high AUD, coal demand down at least 20% post covid. Won't be any dividends either, can't believe nhc hasn't gone lower yet thou, I think it's being propped up with the hope the government will approve their mine but whats the point there isn't money in it at these prices. Should stop producing coal and get government to pay for job keeper for employees, that will push the coal price up, otherwise it's just producing coal and sending overseas for no profit and whats the point of that?
 
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