WHC 1.88% $7.57 whitehaven coal limited

Target $9.36, page-2578

  1. 2,730 Posts.
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    I got out too early too but was in early, would be a stretch to buy at the bottom and sell at the top where ever that will be. Don't people think the coal price is very frothy? China seems like it's now shutdown but then with the drought their dams wouldn't be providing hydro power so is that keeping coal afloat until it rains in China? Ukraine situation should not have much effect on coal price apart from Germany reopening some old coal power plants because Russia diverted supplies to others but other countries are supplying coal so I don't see much net demand in there just reorganizing chairs, it's not like LNG and problems with that for Europe. I think it's funny money causing the high price level because governments are paying for peoples power bills so demand that would normally go down with rising prices doesn't and it's kind of like a moral hazard since if government is paying for the electricity bills by printing up money why could coal prices go down when there is a constant bid for it at any price level by government?
 
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Last
$7.57
Change
0.140(1.88%)
Mkt cap ! $6.333B
Open High Low Value Volume
$7.46 $7.67 $7.45 $29.96M 3.944M

Buyers (Bids)

No. Vol. Price($)
2 13196 $7.55
 

Sellers (Offers)

Price($) Vol. No.
$7.57 31506 4
View Market Depth
Last trade - 16.10pm 20/05/2024 (20 minute delay) ?
Last
$7.54
  Change
0.140 ( 1.70 %)
Open High Low Volume
$7.45 $7.67 $7.45 998194
Last updated 15.59pm 20/05/2024 ?
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